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    4927 2Nd St Superior, WI 54880

    For Sale
    $795,000

    Established Restaurant, High Visibility

    Property size:
    3,919 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional restaurant opportunity is located at 4927 E 2nd St, Superior, WI 54880, in Douglas County. Boasting prime highway visibility on Hwy 53, this 3,919 square foot building sits on a 0.88-acre lot and offers excellent parking. Built in 1978, the single-story structure is currently operating as Louis Cafe, but its versatile C2 zoning allows for a variety of uses. The property features one unit within a single building, presenting a unique chance for an established business or a new venture. The asking price is $795,000. The property's address is easily accessible and benefits from high traffic counts, making it an ideal location for a thriving business. With its spacious layout and convenient location, this property presents a compelling investment opportunity. The property identification number (APN) is 10-810-00467-02. This is a rare chance to acquire a well-situated commercial property with significant potential for growth and profitability. The building's size and location make it suitable for a range of businesses, offering flexibility and adaptability to various operational needs. The ample parking ensures customer convenience and ease of access.

    Property Features for 4927 2Nd St

    General Information

    Property type
    Restaurants
    Square Feet
    3,919 SF
    Lot Size
    38,333 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Superior
    County
    Douglas
    State
    Wisconsin
    Longitude
    -92.0104256
    Latitude
    46.6780903

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, High Visibility
    Where is this restaurant located?
    The property is located at 4927 2Nd St Superior, WI.
    What is the asking price?
    The asking price for this property is $795,000.
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    Superior, WI 54880
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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
    4927 2Nd St Superior, WI 54880
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