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    229 Center St Wonewoc, WI 53968

    Sponsored
    For Sale
    $299,900

    Established Bar/Restaurant, Downtown Wonewoc

    Property size:
    7,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This thriving, turnkey bar and restaurant located at 229 Center Street in downtown Wonewoc, Wisconsin presents a unique investment opportunity. Boasting 7,200 square feet on a 0.08-acre lot, this prime corner location sits on a major highway, ensuring high visibility and accessibility. The property features a fully equipped kitchen, a full-size bar, and ample dining space on the main floor. A recently updated second floor offers versatile space perfect for private parties, gatherings, or live music events, complete with a stage and a second bar. The possibilities for expansion and revenue generation are significant. The basement provides extensive storage, addressing all the operational needs of a busy establishment. The business benefits from an existing meal contract with the ADRC and utilizes a TOAST system for streamlined order processing, payroll, and tax management. This established business is ready for a new owner to step in and continue its success. The asking price is $299,900. This is a rare chance to own your own business in a desirable location with significant existing infrastructure and potential for growth. Don't miss this exceptional opportunity.

    Property Features for 229 Center St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,200 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1885
    Property Profile Location Intelligence

    Current Use by Public Records

    R & S Spirits ... Bar

    Suggested Use

    Restaurant Law Firm Spa & Massage Auto Repair Shop Department Store Bar & Pub Daycare Center Discount Store Convenience Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wonewoc
    County
    JUNEAU
    State
    Wisconsin
    Longitude
    -90.22353
    Latitude
    43.65411

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    FAQs

    What type of property is this?
    Commercial real estate - Established Bar/Restaurant, Downtown Wonewoc
    Where is this commercial real estate located?
    The property is located at 229 Center St Wonewoc, WI.
    What is the asking price?
    The asking price for this property is $299,900.
    (608) 253-5871
    Request Owner's contact information
    229 Center St Wonewoc, WI 53968
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    Wonewoc, WI 53968
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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
    229 Center St Wonewoc, WI 53968
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