Property profile

617 North St Poynette, WI 53955

OFF-MARKET
Commercial real estate
2,903 SF 0.55 ac lot Built 1958
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Property summary

AI-generated overview

This meticulously renovated, historic supper club presents a unique investment opportunity in Poynette, Wisconsin. Boasting 2,903 square feet on a 0.55-acre lot, the property enjoys a prime location near Highway 51, ensuring high visibility and accessibility. Recent updates include a completely remodeled 35x39 foot dining room, a stylish new entryway and bar area, and a thoughtfully reconfigured kitchen. The bathrooms have undergone a full renovation, providing modern amenities for patrons. The expansive parking lot has been recently sealed for improved functionality and aesthetics. The sale includes a wealth of new kitchen equipment, such as four brand-new fryers, a state-of-the-art char broiler, and substantial new mobile storage racking. This turnkey operation is ready for immediate use, offering significant potential for growth and profitability. The property's rich history as a beloved supper club, combined with its strategic location and recent upgrades, makes it an exceptional opportunity for an ambitious entrepreneur seeking a well-established business with significant upside. The extensive renovations eliminate the need for immediate capital expenditures, allowing the new owner to focus on operations and growth from day one. This is a rare chance to acquire a thriving business in a desirable location. The asking price is $480,000.

Property profile

Verified
Property type Commercial real estate
Year built 1958
Total area 2,903 SF
Lot 0.55 ac (23,958 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

617 North St Poynette, WI 53955
Poynette metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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