141 County Road KkAmherst, WI 54406

  • Commercial real estate
  • 1.41 AC
For Sale
$490,000 View listing

Property Details for 141 County Road Kk

Lot size
1.41 AC
Property type
Commercial real estate
APN
102-23-1028-04.04
APU
1022310280404

Description

This exceptional Amherst, WI commercial property, located at 141 County Road KK, offers a prime investment opportunity. Spanning 4,742 square feet on a 1.41-acre lot along the Tomorrow River, this property boasts a strong rental income stream. Currently housing "The Local Goat," "Beard Bros BBQ," and a one-bedroom apartment, the property generates a total monthly income of $6,350. The two commercial leases are NNN and total $5,500 monthly, while the apartment rents for $850 (utilities included). All furniture and operational supplies (excluding specialized BBQ equipment) for both businesses are included in the sale. The interior has been recently refreshed, and the commercial kitchen modernized. The second-floor apartment features a private entrance. Approved plans for future development as an event venue are available, with architect retainer fees already paid (Guzman Case Corporation). Abundant parking and a picturesque river setting complete this turnkey location. Easy access from Hwy 10 E via County Road A. This property presents a rare chance to acquire a profitable, established business with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,693,911
    Hospitality
    $11,627,554
    Educational
    $9,673,988
    Medical
    $10,006,692
    Retail
    $15,048,426

Location Insight

City
Amherst
County
Portage
State
Wisconsin
Latitude
44.4421
Longitude
-89.2869
CBSA code
44620
CBSA name
STEVENS POINT, WI MICROPOLITAN 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
$4,297
$47,100
$300,900
$348,000
-
-
-
$337,100

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