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10688 S Us-53

3,761 SF Retail Building Solon Springs, WI 54873 $699,900 ($186/SF)

Investment Highlights

  • Spacious Horseshoe Bar
  • Awesome Atmosphere
  • Great seating
  • Unbelievable Kitchen

Executive Summary

Prime Investment Opportunity.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Conditions
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,761 SF
Building Class
C
Year Built/Renovated
1940/2018
Price
$699,900
Price Per SF
$186
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Land Acres
8.74 AC
Zoning
C1 - Commercial Zoning
Parking
100 Spaces (26.59 Spaces per 1,000 SF Leased)
Frontage
235 FT on Us-53

Amenities

  • Fireplace
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Recessed Lighting
  • Air Conditioning
  • Smoke Detector

About 10688 S Us-53 , Solon Springs, WI 54873

Thriving Restaurant and Bar Opportunity in Solon Springs Don’t miss your chance to own a successful restaurant and bar located on Business Hwy 53, just blocks from the bustling Hwy 53 and the Wild River snowmobile/ATV trail. This establishment has been completely remodeled, featuring too many updates to list, ensuring a modern and inviting atmosphere for patrons. With spacious indoor seating and a charming patio, this venue offers a unique dining experience. The property spans 8.74 acres and includes parking for nearly 100 cars, making it convenient for guests. The standout Horseshoe bar features a stunning granite top and comfortably seats 11. It’s equipped with a 3-door refrigerator, a 12 x 14 walk-in cooler, ice bins, and a wash station. The bar dining area includes six barrel high-top tables and gaming machines, adding to the entertainment value. The dining room exudes great ambiance and can accommodate approximately 80 guests, perfect for both casual dining and special events. The commercial kitchen is a chef’s dream, boasting a double oven, convection oven, salamander oven, 36" chargrill, 4' flat top grill, two fryers, prep tables with refrigerators, an automatic dishwasher, and a 20-gallon grease trap, along with the walk-in cooler. This is a fantastic opportunity to step into a thriving business in a prime location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SO-026-00862-00
Land Assessment
$37,900
Improvements Assessment
$197,600
Total Assessment
$235,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023 Payable 2024
  • Listing ID: 33604937

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 10688 S Us-53, Solon Springs, WI 54873

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