24 Guenwald Ave Oshkosh, WI 54901
- Commercial real estate
- 1,747 SF
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 24 Guenwald Ave
- Year built
- 1920
- Lot size
- 0.33 lot acres
- Property size
- 1,747 SF
- Property type
- Commercial real estate
Description
This exceptional 1,747 square foot bar and restaurant, located at 24 E Guenwald Avenue in Oshkosh, Wisconsin, presents a turnkey opportunity for a savvy entrepreneur. Situated on a 0.33-acre lot, this property enjoys a prime near-downtown location, within easy walking distance of residential neighborhoods, ensuring a steady stream of potential customers. The building has undergone a complete renovation, boasting modern upgrades throughout. These improvements include updated electrical systems, plumbing, roofing, and siding, ensuring years of worry-free operation. The interior features a stunning mahogany bar and hickory floors, creating a warm and inviting atmosphere. The bar itself has a capacity of 95 guests and includes lottery machines, adding to its revenue potential. The well-organized kitchen is equipped with upgraded equipment, ready to handle a busy service. Beyond the interior, a charming outdoor patio provides additional seating and ambiance. The patio features a gazebo with seating for 16, five additional tables accommodating 20 guests, and a gas firepit with seating for 9, perfect for enjoying Wisconsin's pleasant summer evenings. The property's history includes well-organized annual events, attracting patrons for music and parties, demonstrating the existing potential for continued success. This is a rare opportunity to acquire a fully renovated, established business in a desirable location, ready for immediate operation. The asking price is $499,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oshkosh
- County
- WINNEBAGO
- State
- Wisconsin
- Longitude
- -88.5406
- Latitude
- 44.0397