W10508 Kottke Rd Crivitz, WI 54114
This exceptional 7,392 sq ft commercial property, nestled on a 3.65-acre lot in Crivitz, WI, at W10508 KOTTKE ROAD, presents a unique investment opportunity. The main building boasts a captivating custom wood design, soaring ceilings accented by striking inlaid copper, and includes banquet facilities ideal for events. A historically significant, custom-built bar adds to the property's rustic charm and Northwoods ambiance. The versatile space is currently configured as a restaurant/bar, but its adaptability allows for diverse uses. A substantial 28' x 28' outbuilding, previously used as a wedding chapel, offers significant potential as a guest house, event space, or additional commercial area. The lower level provides office space and several finished rooms, previously used for bridal preparations and including a full bathroom. This area could easily be converted into living quarters with the addition of egress windows. The property's location near numerous lakes and rivers, and its proximity to popular vacation destinations, ensures high visibility and strong potential for success. The asking price is $599,900. A preapproval letter or proof of funds is required before scheduling a showing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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