Property profile

301 Collins Ave Oconto, WI 54153

OFF-MARKET
Commercial real estate
Property ID
US92-1937920
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 2651520029709
UPID US92-1937920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nightclub Bar & Pub

Location

301 Collins Ave Oconto, WI 54153-1217
Oconto metro Census 101000 GREEN BAY, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
2007
$130,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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