8416 Co Rd Alvin, WI 54542
- Retail properties
- 3,200 SF
- 4.83 lot acres
Current Use by Public Records
- Retail properties
Property Details for 8416 Co Rd
- Year built
- 2003
- Lot size
- 4.83 lot acres
- Property size
- 3,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alvin
- County
- Forest
- State
- Wisconsin
- Longitude
- -88.8496
- Latitude
- 46.0251