Property profile

1474 Friess Lk Dr Hubertus, WI 53033

OFF-MARKET
Commercial real estate
Property ID
US92-3420452
1.12 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional waterfront restaurant opportunity, known as The Copper Dock, is offered for sale at $1,495,000. Located at 1474 E Friess Lake Dr, Hubertus, WI 53033, this established business boasts a prime location on Friess Lake with approximately 227 feet of water frontage and a large dock. The property encompasses 9,500 square feet on a 1.12-acre lot, zoned RS-2. The restaurant features ample indoor seating for approximately 125-150 patrons and a spacious outdoor deck accommodating roughly 50 more. All fixtures, furniture, and equipment (FF&E) are included in the sale. The property also includes a valuable upper-level apartment with three bedrooms and two bathrooms. The restaurant has a proven track record of high grossing sales. Convenient parking is available with 50 spaces on-site. The property's APN is V10_047700A. This turnkey operation presents a unique opportunity for a discerning buyer seeking a profitable and established lakeside restaurant business.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.12 ac (48,787 SF)
APN V10 -047700A
UPID US92-3420452

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1474 Friess Lk Dr Hubertus, WI 53033-9493
Hubertus metro Census 460101 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.39M

Owner & transaction history

since 2024
Last sale
$1.4M
1 recorded transaction
2024
$1.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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