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195 Water St 3,584 SF Vacant Retail Building Iola, WI 54945 $695,000 ($193.92/SF)
INVESTMENT HIGHLIGHTS
- Beautiful waterfront views
- Seller Financing Available!
- Lake access
EXECUTIVE SUMMARY
in the heart of Wisconsin on the shores of Lake Iola, The Thirsty Perch is a popular restaurant, bar, and live music venue. Well known for friendly service and delicious food, including Friday fish fry and Saturday steak specials. The building features a great view of the lake with lake access and opens up to the patio and “garage bar” creating the perfect outdoor live music and entertainment area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,584 SF
Building Class
C
Year Built
1940
Price
$695,000
Price Per SF
$193.92
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.48
Lot Size
0.17 AC
Frontage
160’ on Water Street
AMENITIES
- Restaurant
- Waterfront
ABOUT 195 WATER ST , IOLA, WI 54945
2 well maintained buildings on 3 parcels with Lake Iola frontage. Total of 8200 square feet of bar/restaurant space, with a 5000 square foot patio situated between the buildings to make a fantastic outdoor music/food/beverage venue in the summer months. Beautiful views with updated amenities this business/property has everything you need. Solid local and tourist clientele, with strong food/beverage & gaming income.
PROPERTY TAXES
| Parcel Number | 26-35-71-597 | Improvements Assessment | $205,300 |
| Land Assessment | $29,800 | Total Assessment | $235,100 |
PROPERTY TAXES
Parcel Number
26-35-71-597
Land Assessment
$29,800
Improvements Assessment
$205,300
Total Assessment
$235,100
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195 Water St
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