2982 Us Highway 63 Barronett, WI 54813
- Commercial real estate
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2982 Us Highway 63
- Lot size
- 0.24 lot acres
- Property type
- Commercial real estate
- APN
- 026-4088-16-000
- APU
- 26408816000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $280,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $275,000
- Mixed-Use
- $280,000
- Hospitality
- $275,000
- Educational
- $290,000
- Residential Income
- $265,000
- Energy
- $255,000
- Income-Based Land
- $280,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Barronett
- County
- Barron
- State
- Wisconsin
- Longitude
- -91.9929
- Latitude
- 45.6372