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    N10023 County Road J Iola, WI 54945

    • Retail properties
    • 1,450 SF
    • 4.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for N10023 County Road J

    Lot size
    4.60 lot acres
    Property size
    1,450 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    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!

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iola
    County
    Waupaca
    State
    Wisconsin
    Longitude
    -89.1165
    Latitude
    44.5024

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      0.93 Acres

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      VACANT COMMERCIAL LAND • 0.93 Acres
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      205 Main St

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      145 Main St

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    N10023 County Road J
    Iola, WI 54945
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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