106 Wolf Riv Ave, New London, WI 54961-1469
- Commercial real estate
- 0.99 lot acres
Current Use by Public Records
- New London Lanes Inc / Bowling Alley
Property Details for 106 Wolf Riv Ave
- Lot size
- 0.99 lot acres
- Property type
- Commercial real estate
- APN
- 33 12 77164
- APU
- 331277164
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 8, 2026 | — | Wral Properties LLC | Harvey Aaron | Quitclaim Deed | — |
| May 8, 2026 | $830,100 | Harvey Aaron | Wolf River Avenue Lanes INC | Quitclaim Deed | — |
| May 2, 2025 | $900,000 | Wolf River Avenue Lanes INC | New London Lanes INC | Warranty Deed | $500k · First State Bank |
| May 2, 2025 | — | Wolf River Avenue Lanes INC | — | Deed · related | $267k · New London Lanes INC |
Description
This exceptional investment opportunity presents the chance to acquire the fully operational Hilby's Restaurant & Sports Bar, complete with a 12-lane bowling alley. Located at 106 E Wolf River Avenue in New London, Wisconsin (54961-1469), this well-established business boasts a strong positive cash flow, serving hundreds of customers daily. The property includes a full bar with over 100 seats overlooking the bowling alley, which benefits from a loyal clientele. A new roof was installed in 1998. Additional features include a party/meeting room, multiple pool tables with established leagues, numerous game machines, and locker rooms with recently updated fire alarm and HVAC systems (2022). The sports bar, constructed in 2011, offers seating for 100+ patrons, with TVs strategically placed throughout. Further amenities include an additional party room, a smokers' lounge, and a fully equipped kitchen known for its excellent food and beverage offerings. Ample parking is available, with over 70 private spaces supplemented by ample street parking. The asking price for this turnkey operation is $1,100,000. Direct inquiries to the seller at the business location are discouraged. This is a rare chance to own a thriving, multifaceted entertainment venue in a supportive community.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $600,000
- ML approach
- $545,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New London
- County
- Waupaca
- State
- Wisconsin
- Longitude
- -88.7388
- Latitude
- 44.3906
