Established Golf Course and
For Sale
$4,975,000
W7665 Sylvester Rd, Holmen, WI 54636
Successful 18-hole golf course and supper club for sale.
Property Size10,000 SF
Price / SF$497.50
Days on Market219
Property Features for W7665 Sylvester Rd
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Building Details
Year Built
1973
Listing Agency:
Coldwell Banker Commercial River Valley
Listed By:
Damon Olson · License #5852190
(608) 780-4222
Source:
Viewhomesinwisconsin
Added: Mar 20
Changed: Oct 1
Last Checked: Oct 23 at 7:47AM
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 Coldwell Banker Commercial River Valley
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Investment Insights
Based on property information with market context.
An opportunity exists to acquire an established 18-hole golf course and supper club, which has been in operation for over 50 years. The property includes full kitchens, banquet rooms, and bars. The golf course and supper club are situated in the coulee region of Wisconsin. The property size is 10000 square feet.
Key Highlights
- Established 18‑hole golf course with a 50+ year reputation and customer base.
- Includes a supper club with full kitchens, banquet rooms, and bars.
- Opportunity to own and operate a successful business.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,090
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,061,800
$3.1M
Cap Rate 7%
$2,187,000
$2.2M
Cap Rate 9%
$1,701,000
$1.7M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$216.0K $21.60/SF
− Vacancy
−$11.9K −$1.19/SF
EGI
$204.1K $20.41/SF
− OpEx
−$51.0K −$5.10/SF
NOI
$153.1K $15.31/SF
Area
La Crosse County, WI
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,061,800
Cap Rate 7%
$2,187,000
Cap Rate 9%
$1,701,000
Alternative Uses
Best Use
Specialty Retail
$2.19M
$1.91M – $2.55M
NOI $153,090 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 54636, WI
16,338
Population
6,517
Households
2.5
Avg Household Size
39
Median Age
35%
College-Educated
97%
High-School Grad
83.0 sq mi
ZIP Area
197
Density / Sq Mi
$91,156
Median Household Income
$47,699
Median Earnings
$1,145
Median Rent
$290,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Golf course & driving range - Successful 18-hole golf course and supper club for sale.
Where is this golf course & driving range located?
The property is located at W7665 Sylvester Rd Holmen, WI.
What is the asking price?
The asking price for this property is $4,975,000.
What are key features of this property?
This property features: Established 18‑hole golf course with a 50+ year reputation and customer base.; Includes a supper club with full kitchens, banquet rooms, and bars.; Opportunity to own and operate a successful business.
