W299 S10545 Phantom Woods Rd

$1,500,000

W299 S10545 Phantom Woods Rd, Mukwonago, WI 53149

For Sale

Retail Restaurant

Active

Last Updated: 09/02/2026

Building Size: 3,943 sqft

Lot Area: 1.15 acres

Year Built: 1960

Parking Spots: 25

Premier Waterfront Hospitality Property - Rare opportunity to own the only commercial property on a highly sought-after southeastern Wisconsin recreational lake, featuring +/- 240 feet of frontage on nearly 500 acres of water, plus piers and a private boat launch.
Income-Producing Mixed-Use Property - Includes a restaurant/bar with kitchen, indoor/outdoor seating, and plenty of parking, plus 3BR/1BA upstairs living quarters (+/- 1,800 SF) offering potential for rental income or owner occupancy. Seasonal rentals of boat slips can also produce additional revenue.
High-Traffic Destination Potential - Positioned in a popular boating and recreation hub with strong year-round activity and a surrounding population base of 23,000+ within 5 miles, ideal for building a regional hospitality destination.

For Sale

Located on the West side of Phantom Woods Rd, North of Circle Dr

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