114 Cramer St Mazomanie, WI 53560
- Commercial real estate
- 0.79 lot acres
Current Use by Public Records
- The Old Feed Mill / American Restaurant
Property Details for 114 Cramer St
- Lot size
- 0.79 lot acres
- Property type
- Commercial real estate
- APN
- 0806-162-1140-6
- APU
- 80616211406
Description
This exceptional opportunity presents the chance to acquire a well-established restaurant in Mazomanie, Wisconsin, boasting over 28 years of operational history and a loyal customer base. Situated on a 0.94-acre lot at 114 Cramer Street, this business enjoys a prime location just two blocks from Highway 14, benefiting from a daily traffic count exceeding 10,000 vehicles. The restaurant itself occupies a substantial 16,000 square foot building, offering ample space for dining, kitchen operations, and potential expansion. This is a turnkey operation, ideal for an experienced restaurateur looking to step into an existing, profitable venture. The current owner is offering seller financing, making this an attractive proposition for qualified buyers. The business has a proven track record of success, attracting both local residents and tourists exploring the scenic Driftless Region, a popular destination known for its natural beauty. This listing is specifically for the business itself
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $355,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $365,000
- Mixed-Use
- $390,000
- Hospitality
- $415,000
- Educational
- $370,000
- Residential Income
- $360,000
- Energy
- $370,000
- Income-Based Land
- $325,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Mazomanie
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.7924
- Latitude
- 43.1748
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA