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    101 Water St Ontario, WI 54651

    Sponsored
    For Sale
    $570,000

    Established Canoe/Kayak Rental Business

    Property size:
    2,048 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turnkey business opportunity encompasses a thriving canoe, kayak, and tube rental operation situated on a 2.5-acre lot at 101 Water Street in Ontario, Wisconsin. The property, totaling 2,048 square feet, is ideally located in the heart of the Driftless Area, providing easy access to the historic Kickapoo River. Boasting over 31 years of continuous operation under the same ownership, this well-established business, known as Driftys Canoe, Kayak and Tube rental, enjoys significant brand recognition throughout the upper Midwest. The sale includes a complete inventory of fully equipped Old Towne canoes, kayaks, and tubes, ensuring a seamless transition for the new owner. Furthermore, a fleet of buses is included, facilitating efficient transportation for customers. The business's consistent profitability is well-documented, making this a rare and attractive investment. The current owner is motivated to sell due to health and personal reasons, presenting a unique chance to acquire a successful and established enterprise in a highly desirable location. This is a truly exceptional opportunity to own and operate a profitable business with a strong reputation and loyal customer base in a picturesque and popular recreational area. The sale price is $570,000.

    Property Features for 101 Water St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,048 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    2002
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Kitchen & Bath Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    VERNON
    State
    Wisconsin
    Longitude
    -90.58847
    Latitude
    43.72298

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    FAQs

    What type of property is this?
    Commercial real estate - Established Canoe/Kayak Rental Business
    Where is this commercial real estate located?
    The property is located at 101 Water St Ontario, WI.
    What is the asking price?
    The asking price for this property is $570,000.
    (608) 487-0843
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    101 Water St Ontario, WI 54651
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    Ontario, WI 54651
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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
    101 Water St Ontario, WI 54651
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