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    Established Tavern Near Airport, Casino Title is generated by Realmo AI

    915 EDGAR DRIVE, Oneida, WI 54155

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    For Sale
    $592,900

    Well-established tavern with living quarters near airport and casino.

    Type:General Commercial
    Property size:
    2,944 SF
    Price / SF:
    $201/SF
    Added:
    Sep 29, 2024
    Days on Market:
    632
    Last Refresh:
    May 12 at 8:49 pm

    Property Features for 915 EDGAR DRIVE

    General Information

    Standard status
    Active
    Size
    2,944 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1958

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    Listing Contact
    Anne Doyen

    Listing agent Anne Doyen

    Listing office Bigwoods Realty, Inc.

    Listing date Sep 29, 2024

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Bigwoods Realty, Inc.

    HighLights

    • Established tavern business opportunity awaits!
    • Enjoy the convenience of proximity to the airport and casino.
    • Attached living quarters includes 3 bedrooms.
    • Commercial zoning (G2).
    • Two garages for storage.
    • Central air conditioning.

    Overview

    This property presents an opportunity to acquire a well-established tavern located a short distance from the airport and casino. The property includes attached living quarters with 3 bedrooms. Two garages are available for storage. The yard features a large horseshoe pit area, with additional space for future development.

    Local Financial Insights For Specialty Retail

    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 $53.0k $18.00
    − Vacancy −$1.4k −$0.47
    EGI $51.6k $17.53
    − OpEx −$12.9k −$4.38
    NOI $38.7k $13.15
    2,944 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $553.0K
    $483.9K – $645.2K (±1% cap)
    NOI $38,711 @ 7.0% cap · market cap 6.53%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,324 @ 7.0% cap · market cap 29.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Bar & Pub Storage Facility Garden Center Electrical Service Car Rental Facility

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

    Similar Places Nearby

    • 5 Acres Pub — W287 Pearl St, Oneida, WI 54155

    Location Insight

    • Map
    • Local Demand
    City
    Oneida
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.1957
    Latitude
    44.521

    FAQs

    What type of property is this?
    Bar & Pub - Well-established tavern with living quarters near airport and casino.
    Where is this bar & pub located?
    The property is located at 915 EDGAR DRIVE Oneida, WI.
    What is the asking price?
    The asking price for this property is $592,900.
    What are key features of this property?
    This property features: Established tavern business opportunity awaits!; Enjoy the convenience of proximity to the airport and casino.; Attached living quarters includes 3 bedrooms.
    More about this property
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