98 Cascade St Osceola, WI 54020
This fee-simple ownership opportunity presents a 1,100-square-foot Dairy Queen Grill & Chill restaurant located at 98 Cascade St S, Osceola, WI 54020. Built in 1982 and renovated in 2018, this single-story, Class C building sits on a 0.37-acre lot. Currently vacant, this property offers significant upside potential for a new operator. The asking price is $595,000, translating to $631.82 per square foot. The property enjoys a highly visible location at a T-intersection, benefiting from traffic flow in all directions. Its proximity to the St. Croix River, National Park, a popular waterfall, and walking trails attracts significant tourist traffic, particularly during peak seasons. A large public parking lot in the rear enhances accessibility and foot traffic. The existing Dairy Queen franchise agreement includes favorable royalty terms, and the property is eligible for SBA financing, allowing qualified buyers to purchase with as little as 10% down. This presents a unique opportunity to acquire a well-established brand in a desirable location with potential for increased profitability through operational adjustments and promotional strategies. A sale-leaseback option may also be available for franchisees.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.