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Property profile

N10023 County Road J Iola, WI 54945

OFF-MARKET
Retail properties & Spaces
1,450 SF 4.6 ac lot
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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

Location

N10023 County Road J Iola, WI 54945
Iola metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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