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Property profile & analytics
OFF-MARKET
Commercial real estate

498 Us-8 Armstrong Creek, WI 54103

1.2 ac lot Built 1927
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1927
Lot 1.2 ac (52,272 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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