17887 State Highway 32 Townsend, WI 54175
For Sale
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This exceptional opportunity presents the chance to acquire a well-established and profitable grocery store in the charming town of Townsend, Wisconsin. Located on State Highway 32, this 8,962 square foot business enjoys a prime location with high visibility and traffic, benefiting from its proximity to numerous lakes and recreational trails, attracting both local residents and tourists. Operating successfully for 42 years, this grocery store has cultivated a loyal customer base and a strong reputation within the community. The business offers a diverse range of products, including fresh produce, a full-service butcher shop, freshly baked goods, and a curated selection of beer and liquor. The sale includes all existing equipment, ensuring a truly turnkey operation. This includes refrigeration units, shelving, and a point-of-sale (POS) system, minimizing the initial investment required for a new owner. Financial records demonstrate consistent revenue and profitability, making this a compelling investment opportunity for experienced business owners or aspiring entrepreneurs seeking a well-established, community-focused enterprise. The 0.75-acre lot provides ample space for potential expansion or future development. This is a rare chance to own a thriving business in a desirable location with significant growth potential.
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
No recorded transactions found for this property.
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.