Conventional Restaurant

Florence, WI Conventional Restaurants for Sale

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El Capitan Supper Club - Florence, WI
Updated: Jun 10
El Capitan Supper Club - Florence, WI

695 Us2 Hwy, Florence, WI 54121

$649,900
6,300 sqft 0.91 AC lot
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Bar and Restaurant Building
Updated: Apr 11
Bar and Restaurant Building

5050 Keyes Lake Drive, Florence, WI 54121

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3,050 sqft
Approximately 3,050 SF bar/restaurant space
General use zoning for commercial bar/restaurant use
On‑site paved parking lot
Private utilities
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Florence, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Drive-Through Restaurant Site
Drive-Through Restaurant Site

701 N Stephenson Avenue, Iron Mountain, MI 49801

$550,000
3,124 sqft 0.15 AC lot

Two commercial buildings with drive-through service and off-street parking on Main Street/US2 frontage in Iron Mountain.

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Turnkey Bar and Restaurant
Turnkey Bar and Restaurant

207 E Hughitt Street, Iron Mountain, MI 49801

$550,000
4,680 sqft 0.13 AC lot

For sale turnkey bar and restaurant with included kitchen and bar equipment.

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Turnkey Restaurant and Bar Building
Turnkey Restaurant and Bar Building

130 Washington Avenue Unit SourceFi, Iron River, MI 49935

$199,000
2,923 sqft

Ready-to-operate restaurant and bar with a full basement, remodeled kitchen, and included equipment for immediate service.

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Historic Brick Commercial Building
Historic Brick Commercial Building

208 Cherry Street, Iron River, MI 49935

$60,000
8,084 sqft 0.19 AC lot

Two-story historic brick commercial building with utilities in place and parking on side and street.

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Florence, WI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Florence, WI on our real estate platform. These investment opportunities span a total of 9,350 square feet of properties for sale, with an estimated market value of $649,900.

Sale prices for conventional restaurants in Florence, WI average $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 3,213
Population Growth (5Y) +7.6%
Median Household Income $57,927
College Educated 32.7%

High-Yield Neighborhoods for Investment

Identify Florence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54121 $483.3K

Taxes & Financing

Tax Rate (average for all types) 2.36%
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

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