17887 State Highway 32Townsend, WI 54175
- Other commercial real estate
- 0.75 AC
Property Details for 17887 State Highway 32
- Lot size
- 0.75 AC
- Property type
- Other commercial real estate
- APN
- 042232312324H
- APU
- 042232312324H
Description
This exceptional opportunity presents the chance to acquire a well-established and profitable grocery store in the charming town of Townsend, Wisconsin. Located on State Highway 32, this 8,962 square foot business enjoys a prime location with high visibility and traffic, benefiting from its proximity to numerous lakes and recreational trails, attracting both local residents and tourists. Operating successfully for 42 years, this grocery store has cultivated a loyal customer base and a strong reputation within the community. The business offers a diverse range of products, including fresh produce, a full-service butcher shop, freshly baked goods, and a curated selection of beer and liquor. The sale includes all existing equipment, ensuring a truly turnkey operation. This includes refrigeration units, shelving, and a point-of-sale (POS) system, minimizing the initial investment required for a new owner. Financial records demonstrate consistent revenue and profitability, making this a compelling investment opportunity for experienced business owners or aspiring entrepreneurs seeking a well-established, community-focused enterprise. The 0.75-acre lot provides ample space for potential expansion or future development. This is a rare chance to own a thriving business in a desirable location with significant growth potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,752,036
- Hospitality
- $6,184,829
- Educational
- $5,145,705
- Medical
- $5,322,674
- Retail
- $8,004,430
Location Insight
- City
- Townsend
- County
- Oconto
- State
- Wisconsin
- Latitude
- 45.3272
- Longitude
- -88.5894
- CBSA code
- 24580
- CBSA name
- GREEN BAY, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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