1259 Anchor Lndg Dr, Wisconsin Rapids, WI 54494
- Retail properties & Spaces
- 5,813 SF
- 2.14 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 1259 Anchor Lndg Dr
- Lot size
- 2.14 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional waterfront restaurant and bar in Wisconsin Rapids, WI, boasts a remarkable 19.13% cap rate. Situated on 2.144 acres along the scenic Wisconsin River, this 5,813 square foot establishment offers a relaxed Northwoods atmosphere, attracting a diverse clientele of boaters, outdoor enthusiasts, and locals. The property features ample indoor and outdoor seating with a capacity of 336, making it ideal for large groups and events. Recent capital improvements enhance its operational efficiency. The property includes numerous amenities, including dedicated boat slips, open year-round. A separate 0.44-acre lot with a 5,000 square foot pole building is also available, presenting significant expansion opportunities. The property is zoned commercial and has an APN of 2400002. This turnkey operation is located at 1259 Anchor Landing Dr, Wisconsin Rapids, WI 54494, and presents a unique investment opportunity in a thriving recreational area. The asking price is $1,495,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Wisconsin Rapids
- County
- Wood
- State
- Wisconsin
- Longitude
- -89.7278
- Latitude
- 44.4411
