141 Clark St Kimberly, WI 54136-1360
This vacant 7,512 square foot restaurant building in Kimberly, Wisconsin presents a unique investment opportunity. Located on a 1.2-acre lot at 141 N Clark St, 54136, this property offers immense potential for redevelopment. Originally designed as a bar/supper club, the versatile space is adaptable to various uses, including retail, dining, office space, or a community center. The building was constructed in 1978 and sits within a prime commercial zone. The asking price is $399,900, translating to $53.23 per square foot. This location boasts adjacency to over $100 million in recent development projects, including multifamily residences, retail spaces, and condominiums. Further enhancing its appeal, the property is situated next to a local park and walking path. The Village of Kimberly has expressed interest in providing incentives for improvement projects in the area, adding further value to this promising investment. This property is ready for its next chapter and offers significant growth potential for the right buyer.
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 Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & 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.