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    695 Us2 Florence, WI 54121

    For Sale
    $699,900

    Commercial/Industrial - Florence T-WI, WI

    Property size:
    6,300 SF
    Lot size:
    0.91 Acres
    Days on Market:
    143
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 695 Us2

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm, Security Lighting
    APN
    010006920000
    Parking features
    Off Street, Parking Lot
    Patio and Porch features
    Patio, Deck
    Interior features
    Bath, Billboard, Cable Internet Installed, Cafe/Kitchen, Carpet, Fixtures, Furniture, No Tank, No Loading Facility, Occupied, Private Restrooms, Public Restrooms, Restroom(s), Security Syetem Owned, Separate Meters, Sidewalks, Trash Removal, Underground Utilities, Smoke/Fire Alarm
    Exterior features
    Billboard, Deck/Patio
    Size
    6,300 SF
    Lot size
    0.91 Acres

    Utilities

    Cooling system
    Central Air, Exhaust Fan (Cooling)

    Building Details

    Year built
    2007
    Flooring type
    Carpet
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    Stephens Real Estate (906) 774-8570 [email protected]

    Listing agent RYAN GORDON (906) 774-8570

    Listing date Jul 16, 2025

    MLS# 50134908 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Restaurant Opportunity on US Hwy

    The legendary El Capitan Supper Club, a cornerstone of Spread Eagle for nearly 100 years, is available for sale. This thriving business, renowned for its Italian cuisine and family-friendly atmosphere, seeks a new owner to continue its legacy. The 6,300 sq ft facility features an upper level with a large bar, kitchen, open dining area, and a 38-seat party room. The lower level includes a 60-seat banquet room with a private bar, ideal for private parties and gatherings. Situated in Florence T-WI, WI, the property is located on busy US Hwy 2, offering excellent visibility and easy access with a 69-space parking lot. The sale includes all necessary licenses, furniture, inventory, and equipment. This is an opportunity for an experienced restaurateur or entrepreneur to acquire a profitable business with a loyal customer base.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Map

    City
    Florence
    County
    Florence
    State
    Wisconsin
    Longitude
    -88.089466271164
    Latitude
    45.875789795617

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    FAQs

    What type of property is this?
    Restaurant - Well-established restaurant with loyal customer base on busy highway.
    Where is this restaurant located?
    The property is located at 695 Us2 Florence, WI.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Well-established, profitable restaurant business with a loyal customer base and nearly 100-year legacy.; - Prime location on busy US Hwy 2 with excellent visibility and easy access, plus a 69-space parking lot.; - Turnkey operation: Includes all necessary licenses, furniture, inventory, and equipment.
    (906) 774-8570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    695 Us2 Florence, WI 54121
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