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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

N10023 County Road J Iola, WI 54945

1,450 SF 4.6 ac lot
Property ID
Property summary
AI-generated overview

This well-established tavern in Iola, Wisconsin, presents a fantastic turnkey business opportunity. Located on a spacious 4.6-acre lot in Waupaca County (zip code 54945), this single-story, 1,450-square-foot property boasts a 100% occupancy rate. The property includes a commercial-grade kitchen, a recently remodeled bar and seating area, and a large back deck ideal for outdoor events. Recreational amenities on the site include a ball diamond and horseshoe pits, and a local snowmobile trail crosses the property with the seller's permission, attracting additional clientele. Recent upgrades include a new septic system, a new central air conditioning unit (installed in 2021), and updated bar seating. The asking price is $249,000. This is a rare chance to acquire a thriving business with significant potential for growth in a desirable location. The property is conveniently located just minutes from town. Don't miss this exceptional opportunity!

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,450 SF
Lot 4.6 ac (200,376 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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