498 Us-8 Armstrong Creek, WI 54103
This exceptional turnkey restaurant and bar opportunity in Armstrong Creek, WI, is priced at $529,900. Located on a 1.2-acre lot at 498 US-8, this property boasts two buildings, each two stories, totaling 600 square feet. Built in 1927 and extensively renovated in 2019, the property features all-new electrical, insulation, plumbing, windows, AC, and a metal roof. The interior includes a dining area, a covered deck, office space, two half-bathrooms, and a full bathroom with washer and dryer. Two walk-in coolers enhance operational efficiency. The property's commercial zoning allows for diverse uses. Ample parking is available on-site. The location is ideal, situated near over 50 lakes within 10 miles, including Lake Hilbert just a 5-minute drive away, and close to Nicolet National Park and extensive ATV/UTV trails. The current staff, including the bartender and cook, are eager to continue. All equipment and furnishings are included in the sale price. Occupancy is available August 1, 2024. This is a truly remarkable opportunity to acquire a thriving, well-maintained business with significant upside potential. The property also includes one gas pump.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.