For Sale
$799,900

24707 Loomis RdWaterford, WI 53185

Turnkey Bar & 4-Unit Apartment Building

Overview

Added:
Feb 3
Days on market:
63
This exceptional commercial property at 24707 W Loomis Road, Waterford, WI, presents a unique dual investment opportunity. The offering encompasses a well-established tavern and a fully occupied four-unit apartment building situated on a 1.57-acre lot. The tavern, a turnkey operation, includes all necessary equipment for immediate continuation of business. This includes existing inventory, furniture (tables, chairs, barstools), a cooler, ice machine, glassware, a washing station, outdoor picnic tables, televisions, and a dedicated smoke shack. The property also boasts a pier and 222 feet of desirable channel frontage. The building itself is meticulously maintained and features numerous recent updates. The accompanying four-unit apartment building provides a consistent rental income stream, boasting full occupancy and a strong historical rental record. Detailed information regarding the apartment building is available via MLS #1886823. This combined property offers significant potential for both established business continuation and future development, making it an attractive investment for entrepreneurs and seasoned investors alike. The total square footage of the combined buildings is 1,661 square feet. The asking price for this remarkable property is $799,900.

Property Details for 24707 Loomis Rd

Property type
Square Feet
1,661 SF
Year Built
1950
Lot Size (sq. ft)
68,389 SF

Location Insight

City
Waterford
County
RACINE
State
Wisconsin
Latitude
42.83701
Longitude
-88.1348
24707 Loomis Rd, Waterford, Wisconsin

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24707 Loomis Rd
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