Property profile

101 Bethel Dr Poynette, WI 53955

OFF-MARKET
Specialty properties
7,000 SF 4 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in Poynette, Wisconsin. Located at 101 Bethel Dr, this 7,000 square foot building sits on a tranquil 4-acre wooded lot and is zoned commercial. Built in 1974, the single-story structure boasts a 16-foot ceiling height and has been extensively remodeled and updated. Currently operating as a highly successful event venue, it features a spacious foyer, a large conference room with a fireplace, and a reception hall with seating for 300 guests. A well-equipped bar area and ample storage rooms are also included. The property showcases beautiful flooring and exquisite Amish hand-crafted woodwork throughout. A large outdoor patio with an elevated fireplace and several options for outdoor ceremonies enhance the venue's appeal. The current owners have a nearly full calendar of weddings booked for 2024 and are already accepting reservations for 2025, demonstrating strong existing demand. The property's versatility allows for a wide range of events, including weddings, showers, corporate events, meetings, and private parties. The asking price is $1,719,000, translating to $245.57 per square foot. The property's APN is 11172 382.2 and its zip code is 53955. This is a rare opportunity to acquire a thriving business with significant future potential in a picturesque setting.

Property profile

Verified
Property type Specialty properties
Year built 1974
Total area 7,000 SF
Lot 4 ac (174,240 SF)

Cap rate & NOI

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

Location

101 Bethel Dr Poynette, WI 53955
Poynette metro
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Value estimations

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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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