125 Keller Ave Amery, WI 54001
- Commercial real estate
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 125 Keller Ave
- Lot size
- 0.10 lot acres
- Property type
- Commercial real estate
- APN
- 201-00382-0000
- APU
- 201003820000
Description
This exceptional commercial property located at 125 Keller Avenue in the heart of Amery, Wisconsin, presents a unique investment opportunity. Priced at $249,900, this established business boasts a thriving bowling alley and bar, offering immediate income potential. Recent significant upgrades include a state-of-the-art electronic scoring system and newly installed bowling lanes. The substantial 1452 square feet of unfinished space upstairs offers significant expansion possibilities. Imagine transforming this area into additional entertainment space, perhaps even creating living quarters. The full basement provides ample storage, convenient access to the bowling lanes, a walk-in cooler, and lockers for bowlers. Practical features include convenient back alley access for deliveries and excellent curb appeal on a busy main street location, ensuring high visibility and foot traffic. This property is a turnkey operation ready for a new owner to step in and continue its success. The 0.1-acre lot provides ample space for the existing building and potential future development. This is a rare chance to acquire a well-established business with significant upside potential in a desirable downtown location. Don't miss this opportunity to own a piece of Amery's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $210,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $240,000
- Mixed-Use
- $225,000
- Hospitality
- $230,000
- Educational
- $195,000
- Residential Income
- $235,000
- Energy
- $175,000
- Income-Based Land
- $180,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- Amery
- County
- Polk
- State
- Wisconsin
- Longitude
- -92.3626
- Latitude
- 45.3123