Coffee Shop with
New
For Sale
$595,000
526 2nd Street, Chetek, WI 54728
CommercialSale, Chetek, WI
Property Size2,410 SF
Lot Size0.23 Acres
Price / SF$246.89
Days on Market3
Property Features for 526 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Exterior features
Lighting, PoleSign
Elementary school district
Chetek-Weyerhaeuser Area
Middle school district
Chetek-Weyerhaeuser Area
High school district
Chetek-Weyerhaeuser Area
Directions
From Rice Lake: Head south on County Hwy SS toward Cameron. Continue onto SS toward Chetek. Turn right onto 2nd Street (Chetek). Property will be on the left.
Standard status
Active
APN
211-1802-69-000
Size
2,410 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S42 Ft of Lot 7 Block 6, Lots 8,9 & 10 Blk 6 Second addition city of Chetek
Tax Annual Amount
3542
Legal Description
S42 Ft of Lot 7 Block 6, Lots 8,9 & 10 Blk 6 Second addition city of Chetek
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
gated courtyard
Building Details
Building materials
Stucco
Listing Agency:
Real Estate Solutions
(715) 719-0555
Listed By:
Katriel Chuchwar · License #92121-94
(715) 205-6348
Added: Oct 12
Last Checked: Oct 14 at 1:06PM
MLS# 1605821
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Hope & Anchor Coffeehouse is offered with its building and operating business at 526 2nd Street in Chetek. The 2,410-square-foot property sits on a 0.229-acre lot and includes a basement, central air conditioning, forced-air heat, public water and sewer, and stucco construction. A drive-through and gated courtyard provide distinct service and outdoor dining areas. Included items comprise signage, kitchen equipment, inventory, recipes, retail merchandise, and most decor.
The property is in downtown Chetek, with traffic reported at approximately 6,400 vehicles per day. The coffeehouse has operated for more than nine years. The commercial space may also be rented for long-term occupancy, meetings, or special events, and the business hosts annual community and coffee shop events.
The property is in downtown Chetek, with traffic reported at approximately 6,400 vehicles per day. The coffeehouse has operated for more than nine years. The commercial space may also be rented for long-term occupancy, meetings, or special events, and the business hosts annual community and coffee shop events.
Key Highlights
- Operating coffeehouse business and building offered together
- 2,410 square feet on a 0.229‑acre lot
- Drive‑through service and gated courtyard for outdoor dining
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
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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
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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 - The sale includes the operating business, building, kitchen equipment, and retail and food-service inventory.
Where is this coffee shop located?
The property is located at 526 2nd Street 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: Operating coffeehouse business and building offered together; 2,410 square feet on a 0.229‑acre lot; Drive‑through service and gated courtyard for outdoor dining
