For Sale
$349,900

8416 Co RdAlvin, WI 54542

Established bar, turnkey opportunity. High traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This profitable, established bar and grill, "The Habit Bar & Grill," presents a unique turnkey ownership opportunity. Located in Alvin, Wisconsin, at 8416 Co Rd A, this 3,200 square foot property sits on a spacious 4.83-acre lot, perfectly positioned near popular ATV and snowmobile trails, ensuring a consistent flow of both local and tourist clientele. The building, constructed in 2003, boasts a spacious interior encompassing a well-appointed bar area, a comfortable dining room, a fully equipped kitchen, and a separate heated smoking area, catering to diverse customer preferences. Ample parking is available for 100 vehicles, complemented by a premium gas pump, adding further convenience and revenue potential. The property also includes a substantial lower level offering extensive storage, including a walk-in cooler, freezer, and refrigerator, enhancing operational efficiency. Currently operating at 100% occupancy, with the lease expiring on October 3rd, 2024, this is an owner/user investment opportunity. The property is zoned commercial and features a single story building. The asking price is $349,900, translating to $109.34 per square foot. The land value alone is $1.57 per square foot. This exceptional property offers a blend of established business success and significant growth potential.

Highlights

  • $349,900 asking price for this established bar and restaurant in Alvin, WI.
  • 3,200 square foot retail building on a 4.83-acre lot.
  • 100% occupancy with an occupancy date of October 3, 2024.
  • Features a bar, dining room, full kitchen, heated smoking area, ample parking (100 spaces), and a premium gas pump.
  • Includes a walk-in cooler, freezer, and refrigerator.
  • Located near popular ATV and snowmobile trails, attracting both locals and tourists.

Property Details for 8416 Co Rd

Property type
Retail properties, Restaurants
Square Feet
3,200 SF
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
210,395 SF
Units
1

Location Insight

City
Alvin
County
Forest
State
Wisconsin
Latitude
46.0251052
Longitude
-88.8495793
8416 Co Rd, Alvin, Wisconsin

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8416 Co Rd
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