705 Industrial Pkwy Saint Croix Falls, WI 54024-9259
This exceptional 2,688 square foot freestanding building, situated on a spacious 2.39-acre lot in Saint Croix Falls, Wisconsin, presents a remarkable opportunity for QSR or restaurant businesses. Originally a KFC, the property underwent a complete interior and exterior remodel in 2008. The building boasts a convenient drive-thru window and ample paved parking. All existing kitchen equipment and fixtures are included, offering a turnkey solution for prospective operators. The property enjoys exceptional visibility and accessibility, strategically located off State Highways 35/87 and US Highway 8, a major east-west route connecting northern Wisconsin to the Minneapolis-St. Paul metropolitan area. This high-traffic location places the property in close proximity to prominent businesses such as Super Walmart, Menards, and McDonald's, as well as the St. Croix Falls Medical Center. The building is zoned for Highway Commercial use and offers significant redevelopment potential. Saint Croix Falls is a thriving community, situated along the scenic St. Croix River, and benefits from its proximity to numerous recreational trails, including the Gandy Dancer Trail, the Ice Age Trail, and the Woolly Mountain Bike Trail. The asking price is $624,900, with the property built in 1975 and featuring one story. The property's location in one of Wisconsin's fastest-growing areas, approximately 40 miles northeast of Minneapolis and St. Paul, and 45 miles west of Rice Lake, ensures strong potential for future growth and profitability. The APN is 281011840000. Occupancy is available April 12, 2024.
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
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