Current Use by Public Records
- Retail properties & Spaces
Property Details for 695 Us-2
- Year built
- 2007
- Lot size
- 0.91 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving restaurant, located at 695 US Hwy 2 in Florence, Wisconsin, presents a unique owner/user investment opportunity. The 6,300 square foot, two-story building, constructed in 2007, boasts a prime location on a busy highway with exceptional visibility and convenient access. The property sits on a 0.91-acre lot and includes 69 parking spaces. The restaurant features a main level with a bar, kitchen, and two dining areas, plus a lower level perfect for private events. Currently operating at 100% occupancy since October 27, 2022, this established business includes all necessary licenses, furniture, inventory, and equipment, making it a truly turnkey operation. The asking price is $699,900, translating to $111.10 per square foot. The property is zoned commercial and offers ample air rights (6,300 sq ft). This is a rare chance to acquire a well-established, profitable restaurant with significant potential for continued growth. The sale includes the building, land, and all existing business assets. This is a remarkable opportunity for an experienced restaurateur or a savvy investor seeking a high-return, established business. The property's strong performance and prime location make it an exceptional investment prospect.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- Wisconsin
- Longitude
- -88.0895
- Latitude
- 45.8761
