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    OFF-MARKET
    Commercial real estate

    2029 Old Peshtigo Rd, Marinette, WI 54143

    10,752 SF 1.59 ac lot Built 1997
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique investment opportunity in Marinette, WI. Spanning 10,752 square feet on a 1.59-acre lot, this well-established business boasts a rich history, having operated successfully for over 25 years. The restaurant features a substantial seating capacity of 227, providing ample space for patrons. A significant highlight is the German-built bar, a historical element dating back to 1903, adding character and charm to the establishment. The on-site brewery, constructed in 2018, utilizes a steam system capable of producing approximately 1,500 barrels annually. Extensive cold storage is available, including a walk-in cooler for beer, an outdoor keg cooler, a walk-in freezer, and a large walk-in cooler for food storage. The sale includes all existing inventory, furniture, kitchen equipment, beer labels, recipes, and trademarks, ensuring a seamless transition for the new owner. This turnkey operation offers immense potential for continued success and expansion. The property comprises two parcels: #251-00599.003 within the City of Marinette and #024-00997.001 in the Town of Peshtigo. Priced at $1,750,000, this is a rare chance to acquire a thriving, multifaceted business with significant assets and established brand recognition.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1997
    Total area 10,752 SF
    Lot 1.59 ac (69,260 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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