1474 Friess Lake DrHubertus, WI 53033

  • Commercial real estate
  • 1.12 AC
For Sale
$1,495,000 View listing

Property Details for 1474 Friess Lake Dr

Lot size
1.12 AC
Property type
Commercial real estate
APN
V10 -047700A
APU
V10047700A

Description

This exceptional waterfront restaurant opportunity, known as The Copper Dock, is offered for sale at $1,495,000. Located at 1474 E Friess Lake Dr, Hubertus, WI 53033, this established business boasts a prime location on Friess Lake with approximately 227 feet of water frontage and a large dock. The property encompasses 9,500 square feet on a 1.12-acre lot, zoned RS-2. The restaurant features ample indoor seating for approximately 125-150 patrons and a spacious outdoor deck accommodating roughly 50 more. All fixtures, furniture, and equipment (FF&E) are included in the sale. The property also includes a valuable upper-level apartment with three bedrooms and two bathrooms. The restaurant has a proven track record of high grossing sales. Convenient parking is available with 50 spaces on-site. The property's APN is V10_047700A. This turnkey operation presents a unique opportunity for a discerning buyer seeking a profitable and established lakeside restaurant business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,082,999
    Hospitality
    $9,235,973
    Educational
    $7,684,221
    Medical
    $7,948,494
    Retail
    $11,953,233
1474 Friess Lake Dr, Hubertus, Wisconsin

Location Insight

City
Hubertus
County
Washington
State
Wisconsin
Latitude
43.2408
Longitude
-88.2709
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,630
$337,000
$392,300
$729,300
-
$434,471
$505,766
$940,237

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