695 Us-2 Florence, WI 54121
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.