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Property profile & analytics
OFF-MARKET
Commercial real estate

1445 2nd Ave Cumberland, WI 54829-7212

0.6 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-2485934
Property summary
AI-generated overview

This stunning 5,040 square foot Victorian Queen Anne-style building, constructed in 1882, presents a unique investment opportunity in the heart of Cumberland, WI. Situated on a 0.6-acre lot, this historic property boasts a rich history as a fine dining restaurant for over 65 years and currently operates as an elegant tavern. The sale includes a transferable Class B strong alcohol and beer license, offering significant potential for continued operation in the hospitality industry. The main level features a spacious 36' x 20' commercial kitchen, fully equipped with a 12' commercial hood, fire suppression system, makeup air system with natural gas heat, and walk-in cooler and freezer. The property's versatility allows for a wide range of uses, including upscale dining establishments (supper club, steakhouse, specialty restaurant), a Victorian bed and breakfast (with potential for 10+ bedrooms), or a mixed-use commercial-residential development. Imagine main floor shops showcasing antiques, specialty goods, furniture, art, jewelry, or even a tattoo studio, complemented by professional office suites on upper floors. The possibilities are as diverse and captivating as the building itself. This is a rare chance to own a piece of Cumberland's history and shape its future.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.6 ac (26,136 SF)
APN 212-1200-33-000
UPID US92-2485934
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
  • US Bank Mortgage Loan Service Bank
  • The Tower House - Italian American Restaurante Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Lightning Bolt Enterprises LLC · 1 yrs held
Lightning Bolt Enterprises LLC
since 2025
Last sale
$349,000
4 recorded transactions
2025
$349,000
2024
Price N/A
2009
$115,000
2009
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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