Bar and Grill Near
For Sale
$650,000
Pending
E19986 County Road ND, Augusta, WI 54722
Established bar and grill with home and outbuildings on 4+ acres.
Property Size3,500 SF
Lot Size4.00 Acres
Days on Market518
Property Features for E19986 County Road ND
General Information
Standard status
Pending
Size
3,500 SF
Lot size
4.00 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1900
Listing Agency:
Edina Realty, Inc. - Chippewa Valley
(715) 530-4261
Listed By:
Craig Lewandowski · License #111408-94
(715) 530-4261
Source:
Exitrealty
Added: Apr 2, 2025
Changed: Jul 10
Last Checked: Jul 23 at 4:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc. - Chippewa Valley
Investment Insights
Based on property information with market context.
This established bar and grill is situated on over 4 acres of land. The property is located across from Lake Eau Claire, in a busy recreational area known for fishing, boating, hunting, and trail riding. In addition to the bar and grill, the property includes a three-bedroom home, a 48x30 pole shed, and a 48x32 pavilion. The building size is 3500 square feet. There is a large area in the back of the property that allows for further expansion. The property has undergone many recent updates.
Key Highlights
- Established bar and grill business included
- Over 4 acres of land across from Lake Eau Claire
- Includes a 3‑bedroom home
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,476
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$969,520
$969.5K
Cap Rate 7%
$692,514
$692.5K
Cap Rate 9%
$538,622
$538.6K
Market Conditions
NOI Build-Up for 3,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$66.4K $18.96/SF
− Vacancy
−$1.7K −$0.49/SF
EGI
$64.6K $18.47/SF
− OpEx
−$16.2K −$4.62/SF
NOI
$48.5K $13.85/SF
Area
Eau Claire County, WI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$969,520
Cap Rate 7%
$692,514
Cap Rate 9%
$538,622
Alternative Uses
Best Use
Specialty Retail
$692.5K
$606.0K – $807.9K
NOI $48,476 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$3.95M
$3.46M – $4.61M
NOI $276,507 @ 7.0% cap · market cap 42.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54722, WI
4,312
Population
1,846
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
88%
High-School Grad
148.6 sq mi
ZIP Area
29
Density / Sq Mi
$66,500
Median Household Income
$44,715
Median Earnings
$812
Median Rent
$220,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Ball Club — 116 W Lincoln St, Augusta, WI 54722
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established bar and grill with home and outbuildings on 4+ acres.
Where is this bar & pub located?
The property is located at E19986 County Road ND Augusta, WI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Established bar and grill business included; Over 4 acres of land across from Lake Eau Claire; Includes a 3‑bedroom home
