Property profile

24 Grant St Glidden, WI 54527

OFF-MARKET
Commercial real estate
Property ID
US92-2839444
Individually Owned 2-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Bar & Pub

Location

24 Grant St Glidden, WI 54527
Glidden metro Census 950700
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2019
$165,000
2011
$12,500
2011
Price N/A

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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