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Property profile & analytics
OFF-MARKET
Commercial real estate

N1035 Riviera Ave Neillsville, WI 54456

6,500 SF 2.72 ac lot Built 2008
Property ID
Property summary
AI-generated overview

This exceptional 6,500 square foot commercial property, located at N1035 Riviera Avenue in Neillsville, Wisconsin, presents a lucrative investment opportunity. Situated on a 2.72-acre lot, the established Riviera Pub and Grill boasts a spacious, open-concept layout ideal for a thriving bar and grill operation. The horseshoe bar, ample seating, and multiple televisions create a welcoming atmosphere perfect for casual dining, watching sporting events, or hosting private parties. A large event center is readily available for hosting gatherings and special events, such as Friday fish fries. Recent upgrades include a new central air system and the addition of poker machines. Furthermore, a credit is available towards new carpeting. The property includes a fully equipped kitchen, substantial storage space, walk-in coolers and freezers, and dedicated office space. Its prime location near Lake Arbutus and UTV trails ensures a steady stream of customers, including numerous cabin and RV guests. The asking price is $425,000. This turnkey operation offers immediate income potential and significant upside for a savvy investor.

Property profile
Verified
Property type Commercial real estate
Year built 2008
Total area 6,500 SF
Lot 2.72 ac (118,483 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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