For Sale
$639,900

465 HwyWisconsin Dells, WI 53965

Turnkey Restaurant & Office, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional opportunity to acquire the established Club 23 Supper Club in Wisconsin Dells, WI. This turnkey operation boasts a 100% occupancy rate and sits on a generous 4.98-acre lot at 465 Highway 23, zip code 53965. The property features a two-story building (4,224 square feet) constructed in 1968, offering both restaurant and executive office space. The single-unit property includes a spacious dining area accommodating nearly 100 guests, a recently updated kitchen with upgraded equipment, and a newly renovated bar area with new flooring, windows, and electric blinds. A newer roof adds to the property's value. Outdoor amenities include a sand volleyball court and a large pole shed, ideal for events or expansion. This fee-simple ownership offers a compelling 19% cap rate on the asking price of $639,900. The property's prime location in the Wisconsin Dells, a popular tourist destination, ensures consistent clientele. This is a rare chance to own a well-established and profitable business in a thriving market. A virtual tour is available.

Highlights

  • $639,900 asking price for a fee simple ownership.
  • 4,224 square foot restaurant and executive office space in a single-tenant building.
  • 19% cap rate with 100% occupancy.
  • Located on a 4.98-acre lot at 465 Highway 23, Wisconsin Dells, WI 53965.
  • Turnkey operation with recent updates including bar flooring, windows, electric blinds, roof, and kitchen equipment.
  • Two-story building built in 1968, includes a sand volleyball court and large pole shed.

Property Details for 465 Hwy

Property type
Retail properties, Restaurants
Square Feet
4,224 SF
Year Built
1968
Buildings
1
Stories
2
Lot Size (sq. ft)
216,929 SF
Units
1

Location Insight

City
Wisconsin Dells
County
Adams
State
Wisconsin
Latitude
43.6501608
Longitude
-89.6715739
465 Hwy, Wisconsin Dells, Wisconsin

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465 Hwy
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