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Property profile & analytics
OFF-MARKET
Commercial real estate

102 Walnut St Spooner, WI 54801

1,725 SF 0.07 ac lot Built 1920
Property ID
US92-2493848
Property summary
AI-generated overview

This exceptional 1,725 square foot commercial property located at 102 Walnut Street in Spooner, Wisconsin, presents a unique investment opportunity. Priced at $350,000, this turn-key establishment boasts a well-known and thriving business. The building features original high ceilings, exquisite woodwork, a stunning bar, and vintage tile and wood flooring, creating a cozy yet eclectic atmosphere. The spacious interior offers a blend of classic charm and modern functionality. A significant advantage is the inclusion of a gated patio and beer garden, providing valuable outdoor space for patrons. The property sits on a 0.07-acre lot, offering ample room for potential expansion or outdoor activities. The upper level is currently unfinished, presenting a significant opportunity for future development and expansion of the existing business. The property has been meticulously maintained, ensuring a seamless transition for the new owner. This is a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. The combination of a successful pub and the potential for upper-level development makes this a truly unique and attractive investment. Don't miss this chance to own a piece of Spooner's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Year built 1920
Total area 1,725 SF
Lot 0.07 ac (3,049 SF)
UPID US92-2493848
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Corner House Pub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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