17795 State Highway 32 Townsend, WI 54175
- Commercial real estate
- 0.98 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 17795 State Highway 32
- Lot size
- 0.98 lot acres
- Property type
- Commercial real estate
- APN
- 042232316834D
- APU
- 042232316834D
Description
This exceptional business opportunity encompasses a thriving, established boat sales and service center located at 17795 State Hwy 32, Townsend, WI. The sale includes the business, along with two parcels of land totaling 2.62 acres. The property features a main building housing the retail space, office, restroom, and service area, providing ample space for customer interaction and operations. In addition to the main building, there are two substantial warehouse buildings ideal for off-season boat storage. One warehouse measures 6,000 square feet, and the other is significantly larger at 22,000 square feet, offering substantial storage capacity. The main building itself is 2,528 square feet. The business is well-known locally for its friendly sales and service, specializing in new and used sport, fishing, and pontoon boats, motors, and a wide variety of boating parts and accessories. It also operates as an authorized Stihl dealer. This presents a strong foundation for continued success, with significant potential for expansion. Opportunities exist to broaden the product offerings to include additional recreational boating lines, ATV's, snowmobiles, and other outdoor power equipment, thereby increasing revenue streams and market reach. The asking price of $2,750,000 includes the business, land, and all existing buildings and inventory. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $370,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $365,000
- Mixed-Use
- $390,000
- Hospitality
- $355,000
- Educational
- $415,000
- Residential Income
- $390,000
- Energy
- $415,000
- Income-Based Land
- $325,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Townsend
- County
- Oconto
- State
- Wisconsin
- Longitude
- -88.5872
- Latitude
- 45.3224
- CBSA code
- 24580
- CBSA name
- GREEN BAY, WI METROPOLITAN STATISTICAL AREA