Property profile

N12808 Northway Dr Athelstane, WI 54104

OFF-MARKET
Commercial real estate
4,127 SF 0.52 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional 4,127 square foot commercial property located at N12808 NORTHWAY DRIVE, Athelstane, WI, presents a unique investment opportunity. Situated on a 0.52-acre lot, this well-established supper club is renowned for its prime rib and diverse menu, attracting a loyal customer base. The property is being offered at $475,000 and represents a turnkey operation, ready for immediate ownership. Meticulously maintained with numerous recent updates, the transition for a new owner will be seamless. The business boasts a strong reputation and history within the community, offering not just a profitable venture but also the chance to continue a cherished local tradition. This is a rare chance to acquire a thriving restaurant with a proven track record in a desirable location. The property's size and established clientele make it an attractive proposition for experienced restaurateurs or those seeking a profitable, established business. All necessary equipment and infrastructure are in place, ensuring a smooth and efficient start for the new owner. The opportunity to own and operate this well-regarded supper club is truly exceptional. This is a chance to step into a ready-made success story and continue building upon its legacy.

Property profile

Verified
Property type Commercial real estate
Year built 1920
Total area 4,127 SF
Lot 0.52 ac (22,651 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

N12808 Northway Dr Athelstane, WI 54104
Athelstane metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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