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    320 Ross Ave Schofield, WI 54476

    For Sale
    $549,000

    Nightclub, Restaurant Space, Ample Parking

    Property size:
    7,389 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 7,389 square foot commercial property, located at 320 Ross Avenue in Schofield, Wisconsin, presents a unique investment opportunity. Currently configured as a nightclub (Unit 9) and a restaurant (Unit 8), this versatile space offers significant potential for a variety of uses. The nightclub unit boasts numerous improvements, including three bars, a walk-in cooler, and a raised dance floor, all designed to enhance the entertainment experience. A large parking area ensures ample space for patrons and employees. The property also benefits from a recently installed (last year) rooftop furnace and air conditioning system, ensuring efficient and comfortable climate control. Situated on a 0.68-acre lot, the building is part of the Village of Weston Association, providing access to community resources and amenities. The asking price for this well-maintained and extensively equipped commercial property is $549,000. This is an ideal opportunity for an entrepreneur looking to establish or expand their business in a thriving community. The existing infrastructure and improvements significantly reduce the initial investment required to begin operations. The combination of a nightclub and restaurant provides a diverse revenue stream, making this a particularly attractive investment. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 320 Ross Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,389 SF
    Lot Size
    29,621 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schofield
    County
    MARATHON
    State
    Wisconsin
    Longitude
    -89.60654
    Latitude
    44.91439

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    FAQs

    What type of property is this?
    Commercial real estate - Nightclub, Restaurant Space, Ample Parking
    Where is this commercial real estate located?
    The property is located at 320 Ross Ave Schofield, WI.
    What is the asking price?
    The asking price for this property is $549,000.
    (715) 849-5544
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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
    320 Ross Ave Schofield, WI 54476
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