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816 Hwy 23/73 1,820 SF Retail Building Princeton, WI 54968 $299,000 ($164.29/SF)



EXECUTIVE SUMMARY
Turnkey- Irma's Diner in the Heart of Princeton, WI. Irma’s Diner is a thriving, established breakfast and lunch spot known for its homemade baked goods, comfort food, and friendly small-town atmosphere. Recent updates include a new electric sign, new HVAC system, Square POS, upgraded dishwashing station, and interior improvements. Excellent visibility and a loyal customer base make this a fantastic opportunity for an owner-operator or investor. Step into a proven business in a supportive community and continue the tradition or bring your own vision to life.
The purchase price only includes Irma's Diner business and real estate and equipment, measurements are approximate verify if material.
The purchase price only includes Irma's Diner business and real estate and equipment, measurements are approximate verify if material.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,820 SF
Building Class
C
Year Built
2010
Price
$299,000
Price Per SF
$164.29
Building Height
1 Story
Building FAR
0.02
Lot Size
2.20 AC
Zoning
Mun
AMENITIES
- Restaurant
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 271-00760-0200 | Total Assessment | $579,500 (2024) |
| Land Assessment | $70,500 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $509,000 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
271-00760-0200
Land Assessment
$70,500 (2024)
Improvements Assessment
$509,000 (2024)
Total Assessment
$579,500 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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816 Hwy 23/73
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