2974 Us Hwy 63, Barronett, WI 54813-9464
Prime commercial opportunity in Barronett, WI! This 2,718 sq ft building on a 0.12-acre lot includes a thriving cafe business, complete with all furniture, fixtures, and equipment. The sale price of $170,000 includes the property, building, and all existing cafe operations. A significant advantage is the inclusion of a two-level, two-bedroom apartment with washer/dryer, situated at the rear of the building. This apartment offers potential rental income of $700-$1,000 per month, providing additional revenue streams. The property boasts a wealth of potential beyond its current use. The commercial kitchen equipment could be removed to create additional apartment units, or the space could be repurposed for a variety of retail ventures, such as a boutique or antique store. Recent upgrades include a new roof (2023), dishwasher, windows, and laminate flooring in the apartment's dining/living area (2023), a new washer/dryer (2023), a new ice machine (2020), and a new HVAC system (2017). The basement provides ample storage space. Located on US Highway 63, this property enjoys high visibility and is conveniently situated just 1.5 hours from the Twin Cities, offering easy access to a large customer base. Don't miss this chance to own a versatile and profitable commercial property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
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Risks
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