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    N9581 Us-12 Merrillan, WI 54754

    For Sale
    $1,450,000

    Turn-key restaurant, 16 acres, WI

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional turn-key supper club in Merrillan, Wisconsin, presents a unique investment opportunity. Boasting 6,000 square feet of space across three buildings situated on a sprawling 16-acre lot, this established business includes two bars, a banquet hall, and a separate residential home, perfect for owner-occupancy or rental income. The property also features a shed/garage, offering ample storage and potential for expansion. Currently operating at 100% occupancy, the supper club has a long-standing reputation in Jackson County and surrounding areas, known for its Friday seafood buffet, Saturday prime rib, and signature brandy old fashions. The asking price is $1,450,000, translating to $241.67 per square foot. This sale includes the business and real estate

    Property Features for N9581 Us-12

    General Information

    Property type
    Restaurants
    Square Feet
    6,000 SF
    Lot Size
    696,960 SF

    Building Details

    Buildings
    3

    HighLights

    • 6,000 square foot building.
    • Asking price: $1,450,000.
    • Turnkey business opportunity.
    • 16‑acre lot with on‑site residential unit.
    • Includes detached shed/garage.
    • Features an attached banquet hall with bar.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Merrillan
    County
    Jackson
    State
    Wisconsin
    Longitude
    -90.8334555
    Latitude
    44.4167343

    Nearby Comparable

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    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant, 16 acres, WI
    Where is this restaurant located?
    The property is located at N9581 Us-12 Merrillan, WI.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 6,000 square foot building.; Asking price: $1,450,000.; Turnkey business opportunity.
    Request Owner's contact information
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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
    N9581 Us-12 Merrillan, WI 54754
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