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Property profile & analytics
OFF-MARKET
Commercial real estate

N4183 4Th Ave Hancock, WI 54943

4,858 SF 2.81 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This exceptional Hancock, WI commercial property presents a unique investment opportunity. The 4,858 square foot building sits on a 2.81-acre lot and is currently configured as a fully operational bar and tavern, complete with a coveted full liquor license. All necessary equipment and furniture for restaurant and bar operations are included in the sale, along with current liquor and food licenses. The spacious kitchen features walk-in coolers and a freezer, ensuring efficient food service. Ample parking is available, providing significant potential for expansion and future development. The versatility of this property allows for a wide range of uses, including but not limited to: office space, medical clinic, retail, convenience store, or adult-oriented establishment. Adding to its appeal is a recently constructed (2019) two-bedroom, two-bathroom house located on the property. This residence offers the option of on-site living for the owner or the potential to generate additional income through rental. Priced at $500,000, this property offers a compelling combination of existing business infrastructure and significant future development potential. Don't miss this chance to acquire a turnkey operation with substantial upside.

Property profile
Verified
Property type Commercial real estate
Year built 1990
Total area 4,858 SF
Lot 2.81 ac (122,404 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
Current use
Occupant on record · Public records
  • Good Ol' Boys Bar & Pub Restaurant
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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