N3925 Friendship Cir Shawano, WI 54166
This exceptional turn-key supper club presents a rare opportunity in Shawano, WI. Boasting over 32 years of successful operation, this established business is situated on a desirable 3.1-acre lot along Highway 22, offering convenient access and high visibility. The property includes a charming historic bar with seating for 15 at the bar and 24 in the cocktail lounge area, a spacious dining room accommodating 44 guests, and a fully equipped commercial kitchen complete with a walk-in cooler. A comprehensive menu featuring prime rib, steaks, broasted chicken, and German cuisine has cultivated a loyal customer base drawn from throughout the Northwoods. The property also includes a 1.5 stall garage. The upper level offers additional space with a full bathroom and living room. The substantial lot size presents potential for future development, possibly including a residential building site, subject to Shawano zoning regulations. All necessary licenses for food and liquor service are included in the sale. The building's total square footage is 2,318 square feet. This is a unique opportunity to acquire a thriving business with significant growth potential. Interested parties are responsible for verifying zoning regulations with the Shawano Zoning Department regarding potential residential conversion.
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
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