2217 Lk St Algoma, WI 54201-2005
- Drive through restaurants
- 1,445 SF
Nov 10, 2022
Current Use by Public Records
- Drive through restaurants
Property Details for 2217 Lk St
- Year built
- 1994
- Construction
- FRAME
- Property size
- 1,445 SF
- Property type
- Drive through restaurants
- APN
- 201-00500-0165
- APU
- 201005000165
Description
This 1,500 square foot free-standing commercial building is ideally situated on Highway 42, offering exceptional visibility and convenient access. Located just minutes from downtown Algoma and a short drive to Door County, this property presents a unique investment opportunity. Currently configured and equipped as a sandwich shop, the sale includes all necessary equipment for immediate operation. The spacious interior boasts seating for 32 patrons, and ample parking is available with a 20-car lot. The C-3 zoning allows for a wide range of commercial uses, making this property highly versatile. The building sits on approximately 0.33 acres of land, providing ample space for operations and potential expansion. A significant advantage is the included 22-foot road sign, ensuring high visibility and attracting potential customers along the busy Highway 42 corridor. This turnkey operation offers a rare blend of established business potential and flexible zoning, making it an attractive proposition for savvy investors and entrepreneurs alike. The asking price is $210,000. This is a fantastic opportunity to own a well-established business with significant growth potential in a desirable location.
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
- Algoma
- County
- Kewaunee
- State
- Wisconsin
- Longitude
- -87.4442
- Latitude
- 44.5944
- CBSA code
- 24580
- CBSA name
- GREEN BAY, WI METROPOLITAN STATISTICAL AREA
