408 State Rd - Restaurant Space
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408 State Rd - Restaurant Space
5,012 SF Specialty Building Offered at $349,500 in Hatley, WI 54440
Investment Highlights
- Across from Riiser station
- Sale includes business name, all equipment, liquor license, signs and furniture
- Large seating capacity
Executive Summary
This property boasts an extensive array of restaurant inclusions, featuring a 14-foot hood and all necessary equipment for operation. With a well-established reputation and a rich history, it presents a unique opportunity for new ownership.
The previous owner has retired and closed the business, but a renter is still in place, allowing for potential increases in net operating income (NOI).
The previous owner has retired and closed the business, but a renter is still in place, allowing for potential increases in net operating income (NOI).
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $349,500 | Lot Size | 1.12 AC |
| Price Per SF | $70 | Building Size | 5,012 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1960 |
| Price | $349,500 |
| Price Per SF | $70 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Lot Size | 1.12 AC |
| Building Size | 5,012 SF |
| No. Stories | 1 |
| Year Built | 1960 |
Amenities
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 136-2810-302-0954 | Improvements Assessment | $275,300 (2023) |
| Land Assessment | $53,100 (2023) | Total Assessment | $328,400 (2023) |
PROPERTY TAXES
Parcel Number
136-2810-302-0954
Land Assessment
$53,100 (2023)
Improvements Assessment
$275,300 (2023)
Total Assessment
$328,400 (2023)
zoning
| Zoning Code | Commercial |
| Commercial |
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408 State Rd - Restaurant Space
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