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    301 Collins Ave Oconto, WI 54153

    For Sale
    $164,900

    Profitable Tavern w/ Living Quarters, WI

    Property size:
    3,427 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property at 301 Collins Avenue, Oconto, WI, presents a unique investment or owner-occupancy opportunity. The 3,427 square foot building sits on a 0.11-acre lot and houses a thriving tavern, Mookie's Pub, currently operating on weekends. The sale includes nearly all existing equipment and furnishings, allowing for immediate continuation of business. The tavern boasts seating for over 30 patrons, with potential for expansion. Additional features include ample storage space, multiple refrigerators and freezers, a large stand-up beer cooler, flat-screen TVs, and various entertainment options such as a rented pool table, jukebox, and ATM. A smaller dance floor provides space for live music or karaoke. The attached living quarters offer considerable versatility. The main level comprises a master bedroom, bathroom, living room, kitchen, and laundry facilities. Upstairs, two additional bedrooms and a full bathroom provide ample space. Recent flooring updates enhance the living area's appeal. The property also includes a 15x18 storage shed and convenient rear parking. This property offers significant potential for rental income or comfortable owner-occupancy, making it an attractive investment in a desirable location. The asking price is $164,900. This turnkey operation is ready for a new owner to step in and continue the success or expand upon the existing business model.

    Property Features for 301 Collins Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,427 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oconto
    County
    OCONTO
    State
    Wisconsin
    Longitude
    -87.86444
    Latitude
    44.88332

    Nearby Comparable

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    Nearby Similar for Sale

    • $92,900
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      Spacious Commercial Building, Oconto, WI

      Spacious building in a high-traffic Oconto location, ideal for business.
      302 Collins Ave, Oconto, WI 54153
      View Details
    • $299,900
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      124 Chicago St, Oconto, WI 54153
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    • $344,900
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      Dollar Tree Oconto, WI

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Tavern w/ Living Quarters, WI
    Where is this commercial real estate located?
    The property is located at 301 Collins Ave Oconto, WI.
    What is the asking price?
    The asking price for this property is $164,900.
    (920) 639-2444
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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
    301 Collins Ave Oconto, WI 54153
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