2648 Pr Ave Beloit, WI 53511-2245
This 3,200 square foot retail space, formerly Fiesta Cancun, is ideally situated at 2648 Prairie Avenue in Beloit, Wisconsin, 53511. The single-tenant property sits on a 0.91-acre lot and offers ample parking with 55 spaces. The building's excellent location boasts high visibility and significant traffic, with Wisconsin Department of Transportation counts indicating 14,000 vehicles per day on Prairie Avenue. This prime location is surrounded by a variety of established businesses and amenities, including Ace Hardware, Goodwill, Fastenal, McDonald's, KFC, Pizza Hut, Mercy Clinic, Beloit Memorial Hospital & Clinics, Kwik Trip, Casey's, Badger Spirits, Aldrich Middle School, Scooters Coffee, Dunkin', and a new Starbucks currently under construction. The entire 3,200 square feet is currently vacant, presenting a unique opportunity for a new restaurant or similar retail business to establish itself in a thriving commercial area. The property's size and location make it an attractive option for a variety of retail concepts.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.