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    20931 Main St Collins, WI 54207

    For Sale
    $250,000

    Historic Charm, Modern Kitchen, Huge Potential

    Property size:
    3,041 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This stunning 3,041 square foot commercial property, located at 20931 Main STREET in Collins, WI, presents a unique investment opportunity. Situated on a 0.24-acre lot, the building underwent a complete remodel in 2007, seamlessly blending its original 1900s character with modern updates. Beautiful hardwood floors and rustic copper ceiling tiles retain the building's nostalgic charm, creating a breathtaking ambience. The property boasts a fully equipped, exceptionally well-maintained kitchen – a chef's dream – that served as the heart of "al corso," a highly successful Contemporary American restaurant operating from 2007 until April 2020. The restaurant's warm and inviting atmosphere is readily apparent throughout the space. Adding to the property's versatility, a framed-in apartment/rental unit is partially finished on the second floor, offering significant potential for additional income or owner occupancy. Priced at $250,000, this property is ideal for a discerning buyer seeking a turn-key restaurant opportunity or a mixed-use investment with significant upside. The building's prime location and established history make it a truly exceptional offering in the Collins, WI market. The existing infrastructure and high-quality finishes significantly reduce the cost and time associated with starting a new business or renovating an existing space. Don't miss this chance to own a piece of Collins history with a bright future.

    Property Features for 20931 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,041 SF
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collins
    County
    MANITOWOC
    State
    Wisconsin
    Longitude
    -87.98229
    Latitude
    44.08648

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Charm, Modern Kitchen, Huge Potential
    Where is this commercial real estate located?
    The property is located at 20931 Main St Collins, WI.
    What is the asking price?
    The asking price for this property is $250,000.
    (920) 457-1075
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    20931 Main St Collins, WI 54207
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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
    20931 Main St Collins, WI 54207
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