600 Kenseth WayCambridge, WI 53523

  • Commercial real estate
  • 5.21 AC
For Sale
$1,995,000 View listing

Property Details for 600 Kenseth Way

Year built
2004
Lot size
5.21 AC
Property type
Commercial real estate
APN
0612-013-0501-1
APU
61201305011

Description

This exceptional turnkey event venue, located at 600 Kenseth Way in Cambridge, Wisconsin, presents a unique investment opportunity. The property encompasses a substantial 10,000 square foot building situated on a generous 5.21-acre lot, offering ample space for expansion or future development. Currently operating as a winery-themed event center, the property is ideally suited for weddings, proms, and a variety of corporate events. The main hall comfortably accommodates approximately 300 guests, providing a versatile space for large gatherings. A fully equipped commercial kitchen is included, enhancing the venue's operational capabilities. The building itself is in excellent condition, minimizing immediate capital expenditure needs. Conveniently located a short drive east of Madison on Highway 12/18, the property benefits from excellent accessibility while maintaining a tranquil country setting. This presents a compelling opportunity for an owner-operator seeking to establish or expand their business in the event and hospitality sector. Alternatively, the property's size and versatility offer potential for repurposing and redevelopment, catering to a wide range of commercial uses. The asking price is $1,795,000. This is a rare chance to acquire a well-established and profitable business with significant growth potential.

600 Kenseth Way, Cambridge, Wisconsin

Location Insight

City
Cambridge
County
Dane
State
Wisconsin
Latitude
43.0132
Longitude
-89.0258
CBSA code
31540
CBSA name
MADISON, 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
2022
$26,761
$344,700
$1,043,800
$1,388,500
-
-
-
$1,575,000

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