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Knockers Pizza Company Inc. 438 State Highway 70 E

6,000 SF Retail Building Saint Germain, WI 54558 $529,000 ($88/SF) 25% Cap Rate

Restaurants Wisconsin Saint Germain 438 State Highway 70 E, Saint Germain, WI 54558

Investment Highlights

  • Profitable Restaurant with Downtown location in busy tourist town.

Executive Summary

Well known turnkey establishment in the heart of the Northwoods 4 season recreation area. KNOCKER'S, in downtown St. Germain, is a full service dining establishment with easy access to snowmobile and biking trails is now available for purchase. Immaculate and fully equipped kitchen. Recent improvements include updated restrooms. With both great seasonal and local clientele, this business has all the ingredients for continued success. Bar area has seating for 56 with the dining room providing seating for appox. 100. THREE YEAR AVERAGE CAP RATE OF 32.17% BASED ON P&L STATEMENTS.

Attachments

Spec Sheet

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,000 SF
Building Class
C
Year Built
1965
Price
$529,000
Price Per SF
$88
Cap Rate
25%
NOI
$132,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
1.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
GB - Downtown Commercial on busy state highway.
Parking
10 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
97 FT on State Highway 70 E

Amenities

  • Restaurant
  • Signage
  • Enclosed Mall

Links

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PROPERTY TAXES

Parcel Number 24-2297-01 Improvements Assessment $62,500
Land Assessment $15,000 Total Assessment $77,500

PROPERTY TAXES

Parcel Number
24-2297-01
Land Assessment
$15,000
Improvements Assessment
$62,500
Total Assessment
$77,500
(715) 356-3207 x310

  • Listing ID: 31998997

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 438 State Highway 70 E, Saint Germain, WI 54558

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438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 1 of 16
Knocker's Pizza Co.
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 2 of 16
Bar
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 3 of 16
Bar
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 4 of 16
Bar
438 State Highway 70 E, Saint Germain, WI for sale Interior Photo- Image 5 of 16
Bar
438 State Highway 70 E, Saint Germain, WI for sale Interior Photo- Image 6 of 16
Bar Area
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 7 of 16
Dining Area
438 State Highway 70 E, Saint Germain, WI for sale Interior Photo- Image 8 of 16
Dining Area
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 9 of 16
Game Area
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 10 of 16
Front Desk
438 State Highway 70 E, Saint Germain, WI for sale Interior Photo- Image 11 of 16
Kitchen
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 12 of 16
Kitchen
438 State Highway 70 E, Saint Germain, WI for sale Interior Photo- Image 13 of 16
Kitchen
438 State Highway 70 E, Saint Germain, WI for sale Building Photo- Image 14 of 16
Kitchen
438 State Highway 70 E, Saint Germain, WI for sale Interior Photo- Image 15 of 16
Bathroom

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Knockers Pizza Company Inc. | 438 State Highway 70 E
(715) 356-3207 x 310

Knockers Pizza Company Inc. | 438 State Highway 70 E

1/2

Denise Goldsworthy

(715) 356-3207

x310

(715) 356-3207 x310

Bob Merz

(715) 617-2016

(715) 617-2016

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