508 Central Ave Florence, WI 54121

Property Details for 508 Central Ave

Lot size

0.16 lot acres

Property type

Commercial real estate

APN

010-02562-0000

APU

10025620000

Description

This exceptional commercial property, located at 508 Central Avenue in Florence, Wisconsin, presents a unique investment opportunity. The 4,030 square foot building has served as Dina Mia of Florence, a well-established restaurant and bar operating for over 30 years, closing its doors on January 1, 2024. The property boasts a substantial seating capacity, including a wrap-around bar accommodating 26-30 patrons, a spacious dining room with seating for over 80, and an additional party room with capacity for 40 more guests. The previous owners, now retired, maintained the property with consistent improvements and updates to the bar, kitchen, and dining areas over the years. The sale includes the building and an adjacent parking lot providing over 20 spaces. Further parking is conveniently available across the street in a bank's lot. The 0.33-acre lot is strategically situated on the ATV/Snowmobile trail in the heart of Florence, offering excellent visibility and accessibility. The previous business specialized in made-to-order pizzas, Italian cuisine, steaks, and seafood, also offering takeout service. This turnkey operation presents a rare chance to acquire a well-established location with significant potential for a new owner. The property is priced at $195,000.

Location Insight

City

Florence

County

Florence

State

Wisconsin

Longitude

-88.2496

Latitude

45.9227

CBSA code

27020

CBSA name

IRON MOUNTAIN, MI-WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments