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    141 County Road Kk Amherst, WI 54406

    For Sale
    $490,000

    Multi-use building, high income potential.

    Property size:
    4,742 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property in Amherst, Wisconsin, presents a unique investment opportunity. Located at 141 County Road KK, this 4,742 square foot building sits on a 1.41-acre lot and boasts a prime location along the Tomorrow River. The property features three units currently occupied by two established businesses ("The Local Goat" and "Beard Bros BBQ") and a one-bedroom apartment. The two commercial leases generate a combined monthly income of $5,500 under NNN terms, while the apartment rents for $850 per month (utilities included), resulting in a total monthly income of $6,350. The existing tenants are open to discussing their departure, allowing for complete space utilization by a new owner. The building, constructed in 1935, has undergone recent interior renovations, including a modernized commercial kitchen. All furniture and operational supplies (excluding specialized BBQ equipment) are included in the sale. The second-story apartment offers a separate private entrance. Approved plans for future development as an event venue are available, with architect retainer fees already paid. The property offers ample parking and is conveniently located near Highway 10 East. This turnkey operation is priced at $490,000 and is zoned for commercial use. The property's APN is 102-23-1028-04.04. This is a rare opportunity to acquire a multi-faceted commercial property with significant income potential and future expansion possibilities.

    Property Features for 141 County Road Kk

    General Information

    Property type
    Restaurants
    Square Feet
    4,742 SF
    Lot Size
    61,420 SF

    Building Details

    Year Built
    1935
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • $490,000 asking price for a multi‑use commercial property.
    • 4,742 square feet on a 1.41‑acre lot in Amherst, WI.
    • Three units: two commercial spaces (restaurant/bar) and a one‑bedroom apartment.
    • NNN lease structure with a total monthly income of $6,350.
    • 1935‑built, two‑story building with approved plans for future event venue development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Rivers Bar & Supper ... Bar & Grill Beard Bros BBQ Barbecue Restaurant The Local Goat Company Bar

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Portage
    State
    Wisconsin
    Longitude
    -89.2866997
    Latitude
    44.4421544

    Nearby Comparable

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    Nearby Similar for Sale

    • New
      $177,500
      3,503 SF

      Completely Rented Commercial Building

      Four-unit commercial building with long-term tenants in downtown Amherst.
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      View Details
    • $490,000
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      Amherst Commercial Property - High Income

      Turnkey Commercial Building w/ River Views
      141 County Road Kk, Amherst, WI 54406
      View Details

    FAQs

    What type of property is this?
    Restaurant - Multi-use building, high income potential.
    Where is this restaurant located?
    The property is located at 141 County Road Kk Amherst, WI.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: $490,000 asking price for a multi-use commercial property.; 4,742 square feet on a 1.41-acre lot in Amherst, WI.; Three units: two commercial spaces (restaurant/bar) and a one-bedroom apartment.
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    Amherst, WI 54406
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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
    141 County Road Kk Amherst, WI 54406
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