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408 State Rd
Hatley, WI 54440
Restaurant Space · Retail Property For Sale
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).
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,012 SF
Building Class
C
Year Built
1960
Price
$299,500
Price Per SF
$59.76
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.12 AC
Zoning
Commercial - Commercial
PROPERTY TAXES
| Parcel Number | 136-2810-302-0954 | Improvements Assessment | $275,300 |
| Land Assessment | $53,100 | Total Assessment | $328,400 |
PROPERTY TAXES
Parcel Number
136-2810-302-0954
Land Assessment
$53,100
Improvements Assessment
$275,300
Total Assessment
$328,400
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