1791 Railroad AvePrentice, WI 54556

  • Commercial real estate
  • 0.49 AC
For Sale
$399,000 View listing

Property Details for 1791 Railroad Ave

Lot size
0.49 AC
Property type
Commercial real estate
APN
50-171-4-35-02-06-5 15-018-21100
APU
9223372036854775807

Description

This exceptional investment opportunity presents a combined gas station, grocery store, and restaurant located at 1791 Railroad Ave, Prentice, WI 54556. The property boasts a total of 2,062 square feet situated on a sizable 11,506 square foot lot. The single-story building operates under a gross lease and is currently 100% occupied. The business is included in the sale, offering a unique chance to acquire a turnkey operation. Financial records indicate average annual gross sales of $150,000. The property is classified as Class C and is offered at $399,000, translating to a price per square foot of $193.50. While the current NOI is $0, the significant gross sales figures suggest substantial upside potential for a savvy investor. The seller's urgent need to sell presents a compelling opportunity for a quick acquisition. This established business, operating in a busy location, offers a rare chance to own a profitable retail establishment in a desirable Wisconsin community. The property's diverse offerings cater to a wide range of customer needs, ensuring a steady stream of revenue. This is a truly unique opportunity for an investor seeking a high-return, established business. The sale includes both the property and the ongoing business.

Location Insight

City
Prentice
County
Price
State
Wisconsin
Latitude
45.5527
Longitude
-90.2903

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
$3,732
$6,900
$143,800
$150,700
-
-
-
$250,600

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