121 Lk Ave Twin Lakes, WI 53181-9424
This exceptional opportunity presents a thriving, established bar and restaurant located at 121 S Lake Ave, Twin Lakes, WI 53181. The property, situated on a 0.27-acre lot, boasts a spacious 1,984 square foot building constructed in 1960. The single-story structure is zoned B-1 and features a Class B rating. The interior offers ample seating for over 60 patrons, complemented by additional seating on an enclosed deck. The sale includes all existing fixtures and equipment, a significant advantage for a seamless transition. This includes all TVs, bar lighting, furniture, and kitchen equipment, ensuring a fully operational business from day one. Two walk-in coolers provide ample storage capacity. Recent upgrades include a brand-new HVAC system and water heater, minimizing immediate maintenance concerns. The property's prime location, just one block from the lake, contributes to its consistent popularity within the Twin Lakes community. This turnkey operation presents a rare chance to acquire a well-established business with significant potential for continued success. The asking price is $329,900. This is a mixed-use property also suitable for office or retail use.
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ATM Atm
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1903 West Bar and Grill (Touch of Class) Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Twin Lakes, WICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.