465 Hwy Wisconsin Dells, WI 53965
Exceptional opportunity to acquire the established Club 23 Supper Club in Wisconsin Dells, WI. This turnkey operation boasts a 100% occupancy rate and sits on a generous 4.98-acre lot at 465 Highway 23, zip code 53965. The property features a two-story building (4,224 square feet) constructed in 1968, offering both restaurant and executive office space. The single-unit property includes a spacious dining area accommodating nearly 100 guests, a recently updated kitchen with upgraded equipment, and a newly renovated bar area with new flooring, windows, and electric blinds. A newer roof adds to the property's value. Outdoor amenities include a sand volleyball court and a large pole shed, ideal for events or expansion. This fee-simple ownership offers a compelling 19% cap rate on the asking price of $639,900. The property's prime location in the Wisconsin Dells, a popular tourist destination, ensures consistent clientele. This is a rare chance to own a well-established and profitable business in a thriving market. A virtual tour is available.
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.