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Convenience Store with Gas Pumps

2995 Lake Road Solon Springs, WI 54873

2995 Lake Road, Solon Springs, WI, 54873
$299,000
For Sale
$299,000

COMMERCIAL - Solon Springs, WI

Property Size2,736 SF
Lot Size0.38 Acres
Price / SF$109.28
Days on Market199

Property Features for 2995 Lake Road

General Information

Property type
Commercial Sale
Property subtype
Other
Exterior features
Lighting
Standard status
Active
APN
04004244090920500780000
Size
2,736 SF
Lot size
0.38 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2080

Utilities

Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Water source
Private, Well

Building Details

Year built
1970
Building materials
WoodSiding
Listing agency Re/Max Cornerstone
Listed by John Tinman ~ Tinman Real Estate Group · License #82357-94
Added: Jan 4 Updated: Jun 10 at 9:35AM Checked: Jul 22 at 12:06PM
MLS# 1597712

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This sale includes a convenience-oriented retail operation built around in-store sales and fuel service. The business offers an extensive bait and tackle selection, food and beverages, a full beer and liquor inventory, and gas pumps. Additional offerings listed include movie rentals, LP refilling, air, and clothing sales. The property size is 2,736 square feet on a 0.378-acre lot.

The property is located at 2995 Lake Road in Solon Springs, Wisconsin, on Highway 27, in the Eau Claire Chain of Lakes area. The business is described as serving locals, tourists, and fishermen, including customers coming in from nearby cabins and travelers passing through.

For a buyer or operator looking to acquire an operating convenience store and fuel service, the listed mix of day-to-day items and water/seasonal accessories supports a broad customer base. The current offering can be continued as presented, or expanded with added product and service selections as the next owner sees fit. This is a straightforward opportunity to take over an established retail and fuel business in a one-stop format.

Key Highlights

  • Businesses offerings include bait and tackle, food and beverages, and a full beer and liquor inventory.
  • Includes gas pumps and additional services such as movie rentals and LP refilling.
  • Also offers air and clothing sales for on‑site customer needs.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.1k $5.88
− Vacancy −$290 −$0.11
EGI $15.8k $5.77
− OpEx −$4.7k −$1.73
NOI $11.1k $4.04
2,736 SF · lease $5.88/SF/yr · vacancy 1.80% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$862.6K
$754.8K – $1.01M (±1% cap)
NOI $60,385 @ 7.0% cap · market cap 20.20%
Second Best
Retail
$479.7K
$419.7K – $559.6K (±1% cap)
NOI $33,577 @ 7.0% cap · market cap 11.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Plumbing Service Grocery & Convenience Store Restaurant Bed & Breakfast Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Grocery and convenience store - Convenience retail with bait-and-tackle, beer and liquor inventory, and fuel service, offering a mix of everyday and seasonal needs.
Where is this grocery and convenience store located?
The property is located at 2995 Lake Road Solon Springs, WI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Businesses offerings include bait and tackle, food and beverages, and a full beer and liquor inventory.; Includes gas pumps and additional services such as movie rentals and LP refilling.; Also offers air and clothing sales for on‑site customer needs.
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