N1035 Riviera Ave Neillsville, WI 54456
This exceptional commercial property, located at N1035 Riviera Ave, Neillsville, WI 54456, presents a unique investment opportunity. The 6,500 square foot building, constructed in 2008, sits on a 1.9-acre lot and boasts a versatile design encompassing both restaurant and warehouse space. The single-story structure features an 8'-10' ceiling height and ample parking with 56 spaces. The property is zoned for commercial use. The restaurant portion includes a spacious open-concept layout, a horseshoe bar, extensive seating, and a large event center ideal for hosting various functions. A full kitchen, storage areas, walk-in coolers and freezers, and dedicated office space are also included. Recent upgrades include a new central air system and poker machines. A credit is available towards new carpeting. The warehouse component offers additional storage or operational space. This property benefits from its strategic location near popular Lake Arbutus and UTV trails, attracting a significant number of tourists and local residents. The asking price is $495,000. Note that this sale includes only the bar and restaurant; other assets are not included. This is a rare chance to acquire a well-established business with significant expansion potential in a thriving community. The property's combination of restaurant and warehouse space makes it suitable for a variety of uses and offers a strong return on investment.
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.
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.