5Th Ave Hurley, WI 54534
- Retail properties
- 5,414 SF
- 0.30 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 5Th Ave
- Year built
- 1920
- Lot size
- 0.30 lot acres
- Property size
- 5,414 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional investment opportunity presents a historic 5,414 square foot restaurant and bar located at 109 & 113 5th Avenue in Hurley, Wisconsin. Built in 1920, this well-maintained property sits on a 0.3-acre lot (APN 236-0236-0000) and boasts a prime location at the end of Silver Street, an area with high demand for dining options. The building features a large commercial kitchen, a former bar area with a food pickup counter, ample seating, a hostess station, and a spacious dining area divided into two sections. Timeless chandeliers and exposed brick walls add to the historic charm. An additional storefront with its own kitchen and walk-in coolers offers versatile expansion possibilities, perhaps for retail or another business venture. The basement provides substantial storage and potential office space. The asking price is $199,000, translating to $51 per square foot. This property offers a unique blend of history, established infrastructure, and significant upside potential for a savvy investor or entrepreneur. The ample parking further enhances its appeal. Don't miss this chance to own a piece of Hurley's rich history and establish a thriving business in a highly desirable location. The lot size is 13,068 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hurley
- County
- Iron
- State
- Wisconsin
- Longitude
- -90.1858
- Latitude
- 46.4493
