205 Hl St Thorp, WI 54771-7630
- Commercial real estate
- 1.06 lot acres
Current Use by Public Records
- Thorp Therapy & Fitness / Physical Fitness Program
- Mesquite Grill & Pub / Bar & Grill / Pub
- Aleyna Goerlitz / Physical Therapist
Property Details for 205 Hl St
- Lot size
- 1.06 lot acres
- Property type
- Commercial real estate
- APN
- 286.0385.000
- APU
- 2860385000
Description
This exceptional 3,690 square foot commercial property, located at 205 W Hill Street in Thorp, Wisconsin, presents a rare opportunity to acquire a well-established and profitable bar and supper club. Boasting a rich history of successful operation, this business is being offered by a retiring owner, ensuring a smooth transition for the new proprietor. The property sits on a 0.77-acre lot, conveniently situated next to the Highway 29 ramp, providing excellent visibility and accessibility. Significant improvements have been made in recent years, including a substantial addition on the west side of the building, enhancing both the functionality and aesthetic appeal of the establishment. Financial records indicate a strong income history, with three years of tax returns available for review. The seller is highly motivated and is open to exploring various financing options, including a potential land contract and assistance with the down payment. Furthermore, the owner may consider a partial trade for other real estate, offering flexibility for potential buyers. This turnkey operation is exceptionally clean and well-maintained, representing a truly remarkable investment opportunity in a thriving community. The property's prime location and proven profitability make it an ideal acquisition for an experienced restaurateur or a savvy investor seeking a stable and lucrative venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thorp
- County
- Clark
- State
- Wisconsin
- Longitude
- -90.7969
- Latitude
- 44.9526