301 Collins Ave Oconto, WI 54153-1217
This exceptional commercial property at 301 Collins Avenue, Oconto, WI, presents a unique investment or owner-occupancy opportunity. The 3,427 square foot building sits on a 0.11-acre lot and houses a thriving tavern, Mookie's Pub, currently operating on weekends. The sale includes nearly all existing equipment and furnishings, allowing for immediate continuation of business. The tavern boasts seating for over 30 patrons, with potential for expansion. Additional features include ample storage space, multiple refrigerators and freezers, a large stand-up beer cooler, flat-screen TVs, and various entertainment options such as a rented pool table, jukebox, and ATM. A smaller dance floor provides space for live music or karaoke. The attached living quarters offer considerable versatility. The main level comprises a master bedroom, bathroom, living room, kitchen, and laundry facilities. Upstairs, two additional bedrooms and a full bathroom provide ample space. Recent flooring updates enhance the living area's appeal. The property also includes a 15x18 storage shed and convenient rear parking. This property offers significant potential for rental income or comfortable owner-occupancy, making it an attractive investment in a desirable location. The asking price is $164,900. This turnkey operation is ready for a new owner to step in and continue the success or expand upon the existing business model.
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
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.