465 Hwy Wisconsin Dells, WI 53965
- Retail properties
- 4,224 SF
- 4.98 lot acres
Current Use by Public Records
- Retail properties
Property Details for 465 Hwy
- Year built
- 1968
- Lot size
- 4.98 lot acres
- Property size
- 4,224 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wisconsin Dells
- County
- Adams
- State
- Wisconsin
- Longitude
- -89.6716
- Latitude
- 43.6502