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Property profile & analytics
FOR SALE
Commercial real estate

2982 Us Highway 63 Barronett, WI 54813

0.24 ac lot
Individually Owned 3-yr Hold Free & Clear
Property ID
US92-2565478
Property summary
AI-generated overview

This thriving supper club/bar, located on US Highway 63 in Barronett, WI, presents a unique investment opportunity. Situated on a 0.36-acre lot, this well-established business boasts a highly efficient, updated kitchen, a spacious dining room with seating for 90 patrons, and an additional 36 seats on the outdoor deck. The property's prime location along a high-traffic highway ensures consistent customer flow. Above the commercial space, a three-bedroom living area provides comfortable accommodations for the owner or a potential tenant. Recent improvements include a new roof and windows installed in 2021, and a newly installed boiler system ensures efficient and reliable operation. This turnkey operation includes all furniture, fixtures, and equipment (FF&E), along with established recipes and existing inventory, minimizing the start-up costs for the new owner. The motivated seller makes this an exceptional opportunity to acquire a profitable and well-regarded business in a popular recreational area of Northwest Wisconsin. The property's combination of a successful business model, recent upgrades, and desirable location makes it an attractive investment for those seeking a ready-to-operate commercial venture.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.24 ac (10,498 SF)
APN 026-4088-16-000
UPID US92-2565478
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
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
Ryan Lehmann · 3 yrs held
Ryan Lehmann
since 2022
Last sale
$250,000
1 recorded transaction
2022
$250,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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