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Clover Club N8894 County Road H

2,952 SF Retail Building Irma, WI 54442 $274,900 ($93/SF)

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INVESTMENT HIGHLIGHTS

8 Unit Storage Building Included
2 dining areas
On snowmobile trail on back of property

Residential Apartment - 2 bed, 1 bath, Main level laundry
New bar and main dining ceiling

EXECUTIVE SUMMARY

Attention investors and entrepreneurs! Turn-key bar & restaurant for sale, which includes the 2,952 sq ft commercial venue, an 8-unit storage building, plus a spacious apartment - featuring 2 bedrooms, 1 bath, main level laundry - with private exterior entry & interior access. This property is seated on 2-acre corner lot - in a desirable location with the snowmobile trail coming through the property - great opportunity for business, and is only 20 minutes from Tomahawk, Gleason and just over 25 minutes from Merrill, with highway access only 5 minutes away. Currently operating as a Thai restaurant "The Clover Club" with active liquor & food licenses, the future buyer could maintain the existing brand / business or start afresh with a versatile venue for a new bar or restaurant. Spacious entry area leading to the main dining area / bar, includes the tables, chairs and bar stools, plus a secondary dining area just down the stairs (total seating capacity approx. 65 people). New ceiling throughout the main level dining area and updated bar (included). Commercial kitchen with included appliances and stainless prep areas (including the new ice machine and chicken broaster). Ample storage in the unfinished mechanical room - easily accessible. Includes the recently updated commercial outdoor wood stove ($38K value), also has LP gas to the property. The apartment offers additional income potential, or the opportunity to be owner-occupied and includes all of the appliances (refrigerator, range, washer & dryer). The storage building is 24'X84' (2,016 total sq ft) - units 1,2,3,4,5 and 8 are 12'X24', and rent for $65/mo, and units 6 and 7 are 12'X12 and rent for $35/mo. All units have a 9'X8 overhead door. When fully rented, the gross income is $460/mo and $5,520 annually. Tons of opportunity - schedule your showing today!