W904 77 Hwy Hayward, WI 54843
This exceptional 1,500 square foot commercial property located at W904 77 Highway in Hayward, Wisconsin, presents a unique investment opportunity. The established Outback Bar and Pizza boasts a proven track record, benefiting from its strategic location on a snowmobile trail, attracting significant winter clientele. This consistent revenue stream is further enhanced by annual motorcycle events and strong hunting season business. The well-equipped kitchen features five pizza ovens and two self-contained fryers, minimizing maintenance and maximizing efficiency. A significant advantage is the inclusion of a one-bedroom, one-bathroom living quarters situated at the rear of the restaurant. This space offers versatile potential, whether utilized as additional income-generating rental property or as convenient owner's housing. The bar's inventory includes three freezers, a walk-in cooler, two mini-split air conditioning/heating units, and a popcorn machine. The charming log cabin-style furniture perfectly complements the Northwoods atmosphere. The property sits on a one-acre lot, providing ample space and potential for future expansion or outdoor seating. This turnkey operation is ready for a new owner to step in and continue the success of this popular Hayward establishment. The asking price is $209,000.
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.
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Risks
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