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Property profile & analytics
OFF-MARKET
Commercial real estate

24 Grant St Glidden, WI 54527

Individually Owned 2-yr Hold Free & Clear
Property ID
US92-2839444
Property summary
AI-generated overview

This established bar and grill in Glidden, Wisconsin, presents a fantastic investment opportunity. Priced at $209,000, this 3,600 square foot property boasts a classic tavern atmosphere with beautifully maintained woodwork and several recent renovations. The efficient kitchen, attached to the bar, is easily managed by a single person. An included efficiency apartment offers potential owner/manager housing. The property features an outdoor bar area perfect for summer events, and enjoys a strong year-round clientele thanks to pool leagues, karaoke, tournaments, and banquets. Its convenient location off the highway, near the Chequamagon-Nicolet National Forest, attracts customers from various recreational activities, including UTVs, snowmobiles, and bicycles. The business includes pool, darts, and gaming machines, contributing significantly to its solid income stream. Merchandise sales featuring the bar's logo offer additional revenue potential. Current staff are open to continuing employment, and the current owners are available to provide training during the transition. A county grant may be available to assist with the down payment. The property is available for occupancy on April 1, 2024. This turnkey operation offers a very reasonable asking price with a solid cash flow and significant room for growth.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 012-00290-0000
UPID US92-2839444
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
  • Dead squirrel bar and grille Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mark Eder · 2 yrs held
Mark Eder
since 2024
4 recorded transactions
2024
Price N/A
2019
$165,000
2011
$12,500
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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