For Sale
$595,000

108 Davenport St Rhinelander, WI 54501

Turnkey Restaurant, Established Clientele

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Class A retail property, located at 108 Davenport St E in Monico, WI 54501, presents a unique investment opportunity. The 3,176 square foot, two-story building, situated on a 0.19-acre lot, is ideally suited for a restaurant and bar operation. Completely renovated in 2017, the property features a charming dining area with walnut tabletops and leather booths, a welcoming fireplace, and outdoor seating. A custom-designed coffee/bar area and a fully equipped kitchen are ready for immediate use. The building also includes a two-bedroom apartment, offering versatile space for additional prep areas, living quarters, or potential rental income. The asking price is $595,000, translating to $187.34 per square foot. This well-established business boasts a loyal customer base and is perfectly positioned to continue its success or allow a new owner to implement their own culinary vision. The property is located in the heart of Rhinelander's downtown district, offering excellent visibility and accessibility. This is a rare opportunity to acquire a thriving business with significant upside potential in a desirable location.

Property Details for 108 Davenport St

Property type
Retail properties, Bars
Square Feet
3,176 SF
Class
A
Year Renovated
2017
Stories
2
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Rhinelander
County
Oneida
State
Wisconsin
Latitude
45.6378291
Longitude
-89.4128346

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, Established Clientele
Where is the retail property located?
The property is located at 108 Davenport St Rhinelander, WI.
What is the asking price?
The asking price for this property is $595,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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108 Davenport St
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