408 State Rd, Hatley, WI 54440-9706

Property Details for 408 State Rd

Lot size

1.12 lot acres

Property type

Commercial real estate

APN

136-2810-302-0954

APU

13628103020954

Description

This exceptional Hatley, WI commercial property at 408 State Road offers a turnkey restaurant opportunity. The 5,118 square foot building features four entry doors and impressive 7-15 foot ceilings. The spacious layout includes a large dining room with seating for 77, a bar area accommodating 24 patrons, and a 16-seat waiting room adjacent to the kitchen. The sale includes the established business name, all equipment, a valuable liquor license, signage, and furniture, ensuring a seamless transition for the new owner. A significant advantage is the inclusion of a substantial 14-foot hood and all necessary kitchen equipment, ready for immediate operation. The property benefits from a prime location directly across from Riiser Station, ensuring high visibility and accessibility. While the previous owner has retired, a current renter is in place, providing immediate income and the potential for significant increases in net operating income (NOI) through future lease negotiations or direct operation. This presents a rare chance to acquire a well-established restaurant with a strong history and significant upside. Access is easily gained by exiting Highway 29 at the Y-turn, proceeding east past Dollar General, where the property is located directly across from Riiser Station.

Location Insight

City

Hatley

County

Marathon

State

Wisconsin

Longitude

-89.3365

Latitude

44.8822

CBSA code

48140

CBSA name

WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments