8416 Co Rd Alvin, WI 54542
This profitable, established bar and grill, "The Habit Bar & Grill," presents a unique turnkey ownership opportunity. Located in Alvin, Wisconsin, at 8416 Co Rd A, this 3,200 square foot property sits on a spacious 4.83-acre lot, perfectly positioned near popular ATV and snowmobile trails, ensuring a consistent flow of both local and tourist clientele. The building, constructed in 2003, boasts a spacious interior encompassing a well-appointed bar area, a comfortable dining room, a fully equipped kitchen, and a separate heated smoking area, catering to diverse customer preferences. Ample parking is available for 100 vehicles, complemented by a premium gas pump, adding further convenience and revenue potential. The property also includes a substantial lower level offering extensive storage, including a walk-in cooler, freezer, and refrigerator, enhancing operational efficiency. Currently operating at 100% occupancy, with the lease expiring on October 3rd, 2024, this is an owner/user investment opportunity. The property is zoned commercial and features a single story building. The asking price is $349,900, translating to $109.34 per square foot. The land value alone is $1.57 per square foot. This exceptional property offers a blend of established business success and significant growth potential.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.