N1865 Municipal Dr Greenville, WI 54942
This exceptional 5,108 square foot, two-story retail property in Greenville, Wisconsin, presents a unique investment opportunity. Located at N1865 Municipal Drive, this historic building boasts a fully operational bar and restaurant with a transferable liquor license. Fixtures, furniture, and equipment are negotiable. The upper level features a spacious ballroom complete with a bar and stage, perfect for events. A large deck wraps around the building, offering ample outdoor space. The property's convenient location is less than half a mile from Highway 15 and within five miles of Interstate 41, ensuring high visibility and accessibility. Significant recent upgrades include a new HVAC system for the second floor (2023), two new freezers (2022), and the replacement of all bar coolers in 2021. The kitchen is equipped with a 14-foot stove hood (installed in 2000), and the building benefits from a robust 400 AMP electrical system. The property sits on a 0.26-acre lot (APN: 111033100) and has a seating capacity of approximately 130 on each floor. Asking price is $480,000 ($93.97/sq ft). This turnkey operation is ready for a new owner to step in and continue its success.
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Greenville station bar and grill Bar & Pub
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.
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Risks
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