Date
Details
Price
Change
Source
1/20/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/60
$495,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/60
Property Description
Backwaters Bar & Grill is a well-established destination on the Boom Lake chain with 275 ft of prime water frontage, direct access to the Wisconsin River, and the snowmobile trail system. Known as a four-season favorite for locals, boaters, and snowmobilers, it offers seating for 75 inside and 45 outside, plus indoor and outdoor bars that capture the stunning Northwoods setting. Multiple piers provide convenient boat parking, and three parcels totaling 1.47 acres give plenty of room for future opportunities. The building was fully remodeled in 2014. Sale includes extensive equipment and supplies, with the potential for training and staff carryover. This turnkey property offers a rare chance to own a piece of Rhinelander?s hospitality scene, perfectly positioned to welcome both year-round residents and seasonal visitors to one of the area?s most beautiful waterfront locations.,All data to be verified by consumer. Shed is not included
Full Property Details
Full Property Details for 4920 State Hwy 47
General
- Price: $495,000
- Taxes: $2,430 (2024)
- Status: Active
- Type: Commercial Service
- Source: Wirex_Central_Wisconsin_Board_of_Realtors_CWBR
- MLS ID: 22600197
- Updated: 1/21/2026
- Added to Site: 13 day(s) ago
Business
- Business For Sale: Yes
Interior
- Interior Features: Smoke Alarm
Additional Information
- Other Features: Inside Storage, Security System, High Traffic Location, High Visibility, Highway Access, Kitchen Area
Location
- Municipality: Newbold
- County: Oneida
- Driving Directions: Rhinelander > N on Hwy47
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Well
Structural Information
- Exterior Const.: Wood
- Square Feet: 3,575
- Square Feet Range: 3501 to 5000
- Year Built: 1960
Lot Features
- Lot Size (Acres): 50,000
- Lot Size Range: 1 to 4.99 Acres
Water Features
- Water Front: Yes
- Water Front Desc.: Water Frontage on Lot, Water Frontage on Lot, Water Frontage on Lot, Water Frontage on Lot
Financial Considerations
- Tax Amount: $2,430
- Tax Year: 2024
Listed by Lakeland Realty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 4920 State Hwy 47 —
Lakeland Realty
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 4920 State Hwy 47
School District:Rhinelander School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Rhinelander, WI 418 North Pelham Street, Rhinelander, WI 54501 | PK-5 | 6.5 mi |
Crescent Elementary School 3319 Boyce Drive, Rhinelander, WI 54501 | PK-5 | 6.6 mi |
James Williams Middle School 915 Acacia Lane, Rhinelander, WI 54501 | 6-8 | 6.9 mi |
Rhinelander High School 665 Coolidge Avenue, Rhinelander, WI 54501 | 9-12 | 6.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4920 State Hwy 47
Estimate the Cost
Estimate the Cost for 4920 State Hwy 47
4920 State Highway 47, Rhinelander, WI 54501 (MLS# 22600197) is a Commercial Service property. 4920 State Highway 47 is currently listed for $495,000 and was received on January 20, 2026. Want to learn more about 4920 State Highway 47? Do you have questions about finding other Commercial Service real estate for sale in Rhinelander? You can browse all Rhinelander real estate or contact a Coldwell Banker agent to request more information.