410 River St Spooner, WI 54801
This exceptional commercial property at 410 River Street, Spooner, WI, presents a unique investment opportunity. The 18,449 square foot building sits on a 0.34-acre lot and offers a fully operational eight-lane bowling alley, a well-equipped bar renowned for its pizza, and a substantial kitchen. Eight individual retail spaces are available for lease, generating additional revenue streams. The property also includes ample public restrooms and a significant amount of undeveloped lower-level space, ideal for conversion into a versatile venue, conference center, or additional rental units. The strategic location ensures high visibility and consistent foot traffic, maximizing the potential for success. This turnkey operation includes all necessary bowling equipment, bar supplies, and kitchen appliances, allowing for immediate operation. A comprehensive inventory list is available upon request. This property offers a blend of established income and significant expansion potential, making it an attractive investment for savvy entrepreneurs seeking a profitable and versatile commercial venture in a thriving community. The asking price is $485,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.