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Property profile & analytics
OFF-MARKET
Commercial real estate

301 Dalogasa Dr Arena, WI 53503-9708

1.04 ac lot
Individually Owned 4-yr Hold Free & Clear
Property ID
US92-1422886
Property summary
AI-generated overview

This 6,195 square foot commercial building is situated on a 1.04-acre lot at 301 Dalogasa Drive in Arena, Wisconsin. Ideally located on busy Highway 14, this property benefits from high visibility and significant traffic flow. Previously operating as The Landmark Restaurant/Bar, the building has been refreshed and is ready for immediate occupancy. The zoning allows for a wide variety of business uses, including restaurants, bars, breweries, retail shops, and offices, presenting numerous entrepreneurial opportunities. The building's layout includes three or more distinct units, offering potential for multi-tenant occupancy and lease income generation. Multiple public street access points enhance convenience and accessibility. The property's strategic location near the Wisconsin River and the American Players Theater provides additional exposure to a robust tourist base and local clientele. This attractive building presents a unique chance to establish or expand a business in a thriving community. The asking price is $595,000. Don't miss this exceptional opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.04 ac (45,302 SF)
APN 101-0251.33
UPID US92-1422886
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
Current use
Occupant on record · Public records
  • J K Manufacturing Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Vernon Halverson · 4 yrs held
Vernon Halverson
since 2021
Last sale
$175,000
1 recorded transaction
2021
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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