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Property profile & analytics
OFF-MARKET
Warehouses

N1035 Riviera Ave Neillsville, WI 54456

6,500 SF 1.9 ac lot Built 2008
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2008
Total area 6,500 SF
Lot 1.9 ac (82,764 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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