8114 35Th St Colfax, WI 54730
- Commercial real estate
- 0.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8114 35Th St
- Lot size
- 0.21 lot acres
- Property type
- Commercial real estate
- APN
- 22910-2834-0850-0000
- APU
- 22910283408500000
Description
The Albertville Tavern, a well-established commercial property located at 8114 35th Street, Colfax, WI, presents a unique opportunity for a savvy investor. This 2,350 square foot building sits on a 0.45-acre lot and is offered at $383,000. For over a century, this beloved local establishment has thrived, building a loyal customer base and a strong reputation within the community. The current owners are retiring, making this a turnkey operation ready for immediate income generation. All necessary equipment and systems are included in the sale, ensuring a smooth transition for the new owner. The existing, dedicated staff provides continuity and operational support. To facilitate a seamless transfer, the sellers are offering training and are open to continued involvement as needed to ensure ongoing success. The property's strong financial performance and established clientele provide a solid foundation for future growth, with ample potential for expansion and further development. This is a rare chance to acquire a profitable, well-regarded business with a rich history and significant upside. The property's location in Colfax, WI, offers convenient access to local amenities and a strong local market. This is an exceptional opportunity to own a thriving and profitable business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $210,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $215,000
- Mixed-Use
- $220,000
- Hospitality
- $220,000
- Educational
- $200,000
- Residential Income
- $175,000
- Energy
- $170,000
- Income-Based Land
- $215,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Colfax
- County
- Chippewa
- State
- Wisconsin
- Longitude
- -91.6009
- Latitude
- 44.9597
- CBSA code
- 20740
- CBSA name
- EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA