124 Chicago St Oconto, WI 54153
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 124 Chicago St
- Property type
- Commercial real estate
- APN
- 26531191651821
- APU
- 26531191651821
Description
This exceptional turnkey commercial property in Oconto, WI, presents a rare opportunity. The 2,886 square foot building sits on a 0.33-acre lot and boasts a long history of successful operation under the same ownership for over 44 years. The property includes a well-maintained restaurant featuring a recently updated kitchen with new appliances, a beautiful wooden bar, and a spacious 10x40 walk-in cooler. Recent renovations encompass siding, windows, plumbing, and flooring, ensuring the building is in excellent condition. The restaurant's clean and inviting atmosphere contributes to its established success. Above the commercial space, a comfortable 3-bedroom, 1-bathroom living area offers a living room, dining area, and a full kitchen, providing convenient living quarters. Outdoor amenities include a back patio and deck, perfect for outdoor seating. A substantial 32x40 steel-sided and -roofed garage with four or more stalls offers ample storage space. The sale includes most equipment, making this a truly turnkey operation with significant potential for continued success or adaptation to new ventures. This is a unique opportunity to acquire an established business with significant upside.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oconto
- County
- Oconto
- State
- Wisconsin
- Longitude
- -87.8826
- Latitude
- 44.8898
- CBSA code
- 24580
- CBSA name
- GREEN BAY, WI METROPOLITAN STATISTICAL AREA
