N11214 Antigo St Elcho, WI 54428
This thriving Elcho, WI business, located on State Highway 45, presents a fantastic opportunity. Koni's Korner Tap boasts a well-established reputation, attracting local clientele and numerous tourists utilizing nearby ATV, UTV, and snowmobile trails. The 1,540 square foot building comfortably seats 50 patrons, providing ample space for large gatherings and events. The current setup includes a functional kitchen area with potential for expansion to a full-scale commercial kitchen. This turnkey operation includes all furniture, fixtures, and equipment, ensuring a seamless transition for the new owner. A new furnace was installed in 2023, and numerous updates have been made throughout the building over the years. The sale includes all existing equipment, excluding rented gambling machines, dart boards, and the jukebox. The property sits on a 0.17-acre lot. This versatile property is ideal for a bar, restaurant, cafe, or corner shop. Potential buyers are responsible for verifying all measurements and zoning regulations. The asking price is $169,000.
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Koni K's Korner Pub Nightclub Bar & Pub
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.