For Sale
$1,500,000

2102-2108 State HwyRichfield, WI 53076

Thriving Restaurant, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
124
Exceptional opportunity to acquire the established Pleasant Hill Bar & Grill, a premier hospitality destination in Richfield, Wisconsin. This 8,396 square foot, single-story building, constructed and renovated in 2022, sits on a 1.42-acre lot and boasts 93 parking spaces, ensuring ample room for patrons. The property enjoys a prime location with high visibility, experiencing over 8,500,000 cars daily on State Highway 164. The interior features a state-of-the-art, air-conditioned kitchen and a substantial 30,000-gallon fire suppression system, prioritizing safety and efficiency. The expansive dining room, highlighted by high ceilings, a full bar, and large windows, is ideal for large gatherings and events. A separate bar area allows for simultaneous events and regular service. A sizable outdoor patio further expands the seating capacity. Upstairs, a bright, vaulted-ceiling space with a bathroom presents versatile potential for private parties, meetings, or specialized uses. Currently operating at 100% occupancy, this turnkey operation is offered at $1,500,000 ($178.66/sq ft) and is zoned for commercial use. The current owners are retiring, presenting a unique chance for a seamless transition. This is a rare opportunity to own a thriving business in a high-traffic location with significant growth potential. The property is fully compliant with all permitted zoning regulations. Occupancy is guaranteed until November 16, 2024.

Highlights

  • $1,500,000 asking price for this established bar and restaurant.
  • 8,396 square feet on a 1.42-acre lot in Richfield, WI.
  • Located at 2102-2108 State Highway 164, with 93 parking spaces.
  • 100% occupancy with a lease expiration date of 11/16/2024.
  • Built and renovated in 2022, featuring a state-of-the-art kitchen and fire suppression system.
  • One-story building with commercial zoning.

Property Details for 2102-2108 State Hwy

Property type
Retail properties, Restaurants
Square Feet
8,396 SF
Year Built/Renovated
2022/2022
Stories
1
Lot Size (sq. ft)
61,855 SF

Location Insight

City
Richfield
County
Washington
State
Wisconsin
Latitude
43.2660023
Longitude
-88.2614171
2102-2108 State Hwy, Richfield, Wisconsin

FAQs

What type of property is this?
Retail property - Thriving Restaurant, Turnkey Operation
Where is the retail property located?
The property is located at 2102-2108 State Hwy Richfield, WI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price for this established bar and restaurant.; 8,396 square feet on a 1.42-acre lot in Richfield, WI.; Located at 2102-2108 State Highway 164, with 93 parking spaces.
How can I contact the broker?
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2102-2108 State Hwy
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