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 |
-
|
-
|
| Operating Expenses |
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|
-
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| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $349,500 |
| Price Per SF | $69.73 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Lot Size | 1.12 AC |
| Building Size | 5,012 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | Commercial |
AMENITIES
- Signage
- Air Conditioning
1 of 1
PROPERTY TAXES
| Parcel Number | 136-2810-302-0954 | Improvements Assessment | $275,300 (2023) |
| Land Assessment | $53,100 (2023) | Total Assessment | $328,400 (2023) |
