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    8114 35Th St Colfax, WI 54730

    For Sale
    $383,000

    Established Bar & Restaurant, High Profits

    Property size:
    2,350 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    The Albertville Tavern, a well-established commercial property located at 8114 35th Street, Colfax, WI, presents a unique opportunity for a savvy investor. This 2,350 square foot building sits on a 0.45-acre lot and is offered at $383,000. For over a century, this beloved local establishment has thrived, building a loyal customer base and a strong reputation within the community. The current owners are retiring, making this a turnkey operation ready for immediate income generation. All necessary equipment and systems are included in the sale, ensuring a smooth transition for the new owner. The existing, dedicated staff provides continuity and operational support. To facilitate a seamless transfer, the sellers are offering training and are open to continued involvement as needed to ensure ongoing success. The property's strong financial performance and established clientele provide a solid foundation for future growth, with ample potential for expansion and further development. This is a rare chance to acquire a profitable, well-regarded business with a rich history and significant upside. The property's location in Colfax, WI, offers convenient access to local amenities and a strong local market. This is an exceptional opportunity to own a thriving and profitable business.

    Property Features for 8114 35Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,350 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1908
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Department Store Kitchen & Bath Bar & Pub Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Colfax
    County
    CHIPPEWA
    State
    Wisconsin
    Longitude
    -91.60085
    Latitude
    44.95963

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    FAQs

    What type of property is this?
    Commercial real estate - Established Bar & Restaurant, High Profits
    Where is this commercial real estate located?
    The property is located at 8114 35Th St Colfax, WI.
    What is the asking price?
    The asking price for this property is $383,000.
    (715) 514-5440
    Request Owner's contact information
    8114 35Th St Colfax, WI 54730
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    Colfax, WI 54730
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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
    8114 35Th St Colfax, WI 54730
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