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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1259 Anchor Lndg Dr Wisconsin Rapids, WI 54494

5,813 SF 2.14 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,813 SF
Lot 2.14 ac (93,393 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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