N10023 County Road J Iola, WI 54945
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!
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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