Coffee Shop with
For Sale
$595,000
526 2nd St, Chetek, WI 54728
An established coffee and catering business includes indoor service, courtyard dining, kitchen equipment, and retail inventory.
Property Size2,410 SF
Price / SF$246.89
Days on Market19
Property Features for 526 2nd St
General Information
Standard status
Active
Size
2,410 SF
Site & Location
Drive-Thru
Yes
Traffic Count
6,400 vehicles/day
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$3,541
Building Details
Buildings
1
Listing Agency:
Real Estate Solutions
(715) 719-0555
Listed By:
Katriel Chuchwar · License #92121-94
(715) 205-6348
Source:
Exprealty
Added: Oct 12
Changed: Oct 27
Last Checked: Oct 28 at 9:11AM
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 Real Estate Solutions
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Investment Insights
Based on property information with market context.
Hope & Anchor is a coffee shop and catering business offered with its building at 526 2nd St in Chetek. The 2,410-square-foot property includes a gated courtyard for outdoor dining and a drive-through. Sale contents include signage, kitchen equipment, inventory, recipes, retail merchandise, and most décor.
The business has operated for more than 16 years and serves coffee, baked goods, lunch, and catered events. Its downtown Chetek setting is reported to see approximately 6,400 vehicles per day. The property also has commercial space that may be rented for long-term occupancy, meetings, and special events.
The business has operated for more than 16 years and serves coffee, baked goods, lunch, and catered events. Its downtown Chetek setting is reported to see approximately 6,400 vehicles per day. The property also has commercial space that may be rented for long-term occupancy, meetings, and special events.
Key Highlights
- 2,410‑square‑foot coffee shop and catering business, offered with the building
- Drive‑through service and gated courtyard dining area
- Sale includes signage, kitchen equipment, inventory, recipes, retail merchandise, and most décor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,126
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,520
$422.5K
Cap Rate 7%
$301,800
$301.8K
Cap Rate 9%
$234,733
$234.7K
Market Conditions
NOI Build-Up for 2,410 SF
Gross rent
$28.9K $12.00/SF
− Vacancy
−$752 −$0.31/SF
EGI
$28.2K $11.69/SF
− OpEx
−$7.0K −$2.92/SF
NOI
$21.1K $8.77/SF
Area
Barron County, WI
Vacancy
2.60%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,520
Cap Rate 7%
$301,800
Cap Rate 9%
$234,733
Alternative Uses
Best Use
Specialty Retail
$301.8K
$264.1K – $352.1K
NOI $21,126 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.94M
$1.69M – $2.26M
NOI $135,546 @ 7.0% cap · market cap 22.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
6,400 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54728, WI
6,166
Population
3,491
Households
1.8
Avg Household Size
50
Median Age
22%
College-Educated
96%
High-School Grad
125.6 sq mi
ZIP Area
49
Density / Sq Mi
$71,538
Median Household Income
$40,310
Median Earnings
$897
Median Rent
$214,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Caribou Coffee — 719 2nd St, Chetek, WI 54728
- Hope & Anchor Coffeehouse — 526 2nd St Unit 2, Chetek, WI 54728
- Mary's Cafe & Pub — 208 Knapp St, Chetek, WI 54728
Frequently Asked Questions
What type of property is this?
Coffee shop - An established coffee and catering business includes indoor service, courtyard dining, kitchen equipment, and retail inventory.
Where is this coffee shop located?
The property is located at 526 2nd St Chetek, WI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,410‑square‑foot coffee shop and catering business, offered with the building; Drive‑through service and gated courtyard dining area; Sale includes signage, kitchen equipment, inventory, recipes, retail merchandise, and most décor
