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    Fifield Restaurant with Living Quarters Title is generated by Realmo AI

    N14015 CENTRAL AVE W, Fifield, WI 54524

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    For Sale
    $259,900

    COMMERCIAL - Fifield, WI

    Lot size:
    0.23 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 2 at 10:06 pm

    Property Features for N14015 CENTRAL AVE W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    On Street
    Exterior features
    HandicapAccessible
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    5134
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 1 Block 11 and Part of Lot 2 Block 11, Parcels 1 and 2 fully described in Doc. 275234. 7-39N-1E.
    Tax Annual Amount
    1857

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1960
    Flooring type
    Mixed
    Building materials
    Frame, Stone, VinylSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    DEBRA WEINBERGER

    Listing agent DEBRA WEINBERGER License #2377090

    Listing office BIRCHLAND REALTY, INC - PARK FALLS PO Box 388, Phillips, WI

    Listing date Apr 15, 2026

    MLS# 216533

    Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey restaurant business opportunity with Class B liquor license.
    • Fully equipped kitchen, prep area, and seating for approximately 90.
    • Attached apartment provides options for owner occupancy or rental income.
    • Located on snowmobile and ATV routes.
    • Well‑maintained building with established customer base of 30 years.
    • Updated with new barstools, tables, and chairs.

    Overview

    This turnkey restaurant is located one block from Hwy 13 in Fifield, Wisconsin. The property features three dining rooms with seating for approximately 90 patrons, as well as a bar with a Class B liquor license. A large, fully equipped kitchen and roomy prep area support the restaurant operations. Additional features include an office area and three half-baths, two for customers and one for employees. Recent updates include new barstools, tables, and chairs. Situated on a corner lot, the restaurant is accessible via snowmobile and ATV routes. A partial basement is also included. The exterior features vinyl siding with rock accents and a metal roof. An attached apartment with a separate private entrance offers options for owner occupancy or rental income. The building is equipped with natural gas forced air heat and air conditioning. The restaurant has been operating for 30 years and has an established customer base. The property is situated on a 0.231-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kountry Kafe Restaurant

    Suggested Use

    Restaurant Building Supply Auto Parts Store Bar & Pub Grocery & Convenience Store Food Market Grocery & Convenience Store Auto Repair Shop Garden Center Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Fifield
    County
    Price
    State
    Wisconsin
    Longitude
    -90.4199732
    Latitude
    45.8786323

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant with apartment near Hwy 13 in Fifield, WI.
    Where is this conventional restaurant located?
    The property is located at N14015 CENTRAL AVE W Fifield, WI.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: Turnkey restaurant business opportunity with Class B liquor license.; Fully equipped kitchen, prep area, and seating for approximately 90.; Attached apartment provides options for owner occupancy or rental income.
    (715) 762-3276
    We can help!
    Listing Contact
    DEBRA WEINBERGER
    Real Estate License ID: 2377090
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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