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    1445 2Nd Ave Cumberland, WI 54829

    For Sale
    $349,000

    Victorian Gem, 5040 sq ft, 0.6 acres

    Property size:
    5,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This stunning 5,040 square foot Victorian Queen Anne-style building, constructed in 1882, presents a unique investment opportunity in the heart of Cumberland, WI. Situated on a 0.6-acre lot, this historic property boasts a rich history as a fine dining restaurant for over 65 years and currently operates as an elegant tavern. The sale includes a transferable Class B strong alcohol and beer license, offering significant potential for continued operation in the hospitality industry. The main level features a spacious 36' x 20' commercial kitchen, fully equipped with a 12' commercial hood, fire suppression system, makeup air system with natural gas heat, and walk-in cooler and freezer. The property's versatility allows for a wide range of uses, including upscale dining establishments (supper club, steakhouse, specialty restaurant), a Victorian bed and breakfast (with potential for 10+ bedrooms), or a mixed-use commercial-residential development. Imagine main floor shops showcasing antiques, specialty goods, furniture, art, jewelry, or even a tattoo studio, complemented by professional office suites on upper floors. The possibilities are as diverse and captivating as the building itself. This is a rare chance to own a piece of Cumberland's history and shape its future.

    Property Features for 1445 2Nd Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,040 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1882
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    US Bank Mortgage Mortgage Broker The Tower House - Italian ... Italian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Barron
    State
    Wisconsin
    Longitude
    -92.02209
    Latitude
    45.53622

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Victorian Gem, 5040 sq ft, 0.6 acres
    Where is this commercial real estate located?
    The property is located at 1445 2Nd Ave Cumberland, WI.
    What is the asking price?
    The asking price for this property is $349,000.
    (715) 349-7035
    Request Owner's contact information
    1445 2Nd Ave Cumberland, WI 54829
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    Cumberland, WI 54829
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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
    1445 2Nd Ave Cumberland, WI 54829
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