3480W Hwy Loretta, WI 54896
- Retail properties
- 3,393 SF
- 1.03 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3480W Hwy
- Lot size
- 1.03 lot acres
- Property size
- 3,393 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established restaurant, located at 3480W Hwy 70 in Loretta, Wisconsin, presents a unique investment opportunity. The 3,393 square foot building sits on a 1.034-acre lot (APN: 006-439-12-2102) and enjoys a prime location at the crossroads of Hwy G and Hwy 70, providing direct access to popular Tuscobia Snowmobile/ATV trails. The property benefits from high visibility and strong local patronage, attracting both residents and tourists from nearby Lake Winter, the Chippewa Flowage, and surrounding towns. The restaurant features a full bar and two distinct dining areas, including a space ideal for private events. The fully equipped kitchen received new equipment in May 2024, enhancing operational efficiency. Adding to its appeal, the property includes updated 3-bedroom, 1-bathroom living quarters, offering convenient owner accommodations. This turnkey operation is poised for continued success, presenting a compelling opportunity for a new owner to step into an established business with significant potential. The asking price is $300,000. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Loretta
- County
- Sawyer
- State
- Wisconsin
- Longitude
- -90.8518
- Latitude
- 45.8861