Gravel Pit | 23203 WI-57 Hwy
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Gravel Pit 23203 WI-57 Hwy
8,936 SF Retail Building Kiel, WI 53042 $1,150,000 ($129/SF)
Investment Highlights
- Great Location - on Hwy 57 and 32 and near Hwy 67
- Turn-Key
- Successful Business
Executive Summary
Welcome to your opportunity to own a thriving bar and grill in the heart of Kiel, Wisconsin! Nestled conveniently on Hwy 57 and 32, with easy access to Hwy 67, this turn-key establishment boasts a highly successful track record. The expansive layout provides ample space for banquets and events, with indoor volleyball courts adding an exciting dimension to the entertainment offerings. The premises are impeccably maintained, offering a spacious and clean environment for patrons to enjoy. Complete with a commercial kitchen and dining area, this is a fantastic chance to step into a well-established business with endless potential for growth. Don't miss out on this prime investment opportunity! For Sale Only.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,936 SF
Building Class
C
Year Built
2000
Price
$1,150,000
Price Per SF
$129
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.00 AC
Zoning
Business - Commercial
Parking
75 Spaces (8.39 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 51-029-011-012.00 | Total Assessment | $533,400 |
| Land Assessment | $65,300 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $468,100 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
51-029-011-012.00
Land Assessment
$65,300
Improvements Assessment
$468,100
Total Assessment
$533,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Gravel Pit | 23203 WI-57 Hwy
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