408 State Rd - Restaurant Space
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408 State Rd - Restaurant Space
5,012 SF Speciality Building Offered at £273,466 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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|
| 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 | £273,466 | Lot Size | 1.12 AC |
| Price Per SF | £55 | Building Size | 5,012 SF |
| Sale Type | Owner User | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 1960 |
| Price | £273,466 |
| Price Per SF | £55 |
| Sale Type | Owner User |
| Property Type | Speciality |
| Lot Size | 1.12 AC |
| Building Size | 5,012 SF |
| Number of Floors | 1 |
| Year Built | 1960 |
Amenities
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 136-2810-302-0954 | Improvements Assessment | £215,948 (2023) |
| Land Assessment | £41,652 (2023) | Total Assessment | £257,600 (2023) |
PROPERTY TAXES
Parcel Number
136-2810-302-0954
Land Assessment
£41,652 (2023)
Improvements Assessment
£215,948 (2023)
Total Assessment
£257,600 (2023)
zoning
| Zoning Code | Commercial |
| Commercial |
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408 State Rd - Restaurant Space
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