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    498 Us-8 Armstrong Creek, WI 54103
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    498 Us-8, Armstrong Creek, WI 54103

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    • Commercial real estate
    • 1.20 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 498 Us-8

    Year built
    1927
    Lot size
    1.20 lot acres
    Property type
    Commercial real estate

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Armstrong Creek
    County
    Forest
    State
    Wisconsin
    Longitude
    -88.4468
    Latitude
    45.6584
    More about this property
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