300 Gebhardt RdBlack River Falls, WI 54615

  • Commercial real estate
  • 1.21 AC
For Sale
$749,900 View listing

Property Details for 300 Gebhardt Rd

Lot size
1.21 AC
Property type
Commercial real estate
APN
010-0780-0025
APU
1007800025

Description

This exceptional turnkey opportunity presents Re-Pete's Saloon & Grill, a thriving bar and restaurant located in Black River Falls, Wisconsin. Boasting nearly $1 million in annual gross revenue while operating only 35 hours per week, this establishment offers significant growth potential. Situated on a 1.13-acre lot with two buildings totaling 5,332 square feet of net rentable space, the property underwent a complete renovation in 2021. The spacious and efficient kitchen, coupled with the recently added outdoor dining area, promises increased sales in 2024. The business benefits from a well-established clientele, a dedicated staff, and a proven track record of success. Its prime location on State Highway 27, approximately one mile from I-94, ensures high visibility and accessibility. The area's popularity with tourists, drawn to the Black River and Black River State Forest, as well as the recent addition of ATV/UTV trails, further enhances the business's appeal. All fixtures, furniture, and equipment are mostly new and in excellent working condition, making this a truly turnkey operation. The asking price is $749,900, translating to $140.64 per square foot. This is a rare opportunity to acquire a profitable, established business with substantial growth potential in a desirable location. Don't miss this chance to own a piece of Black River Falls' vibrant community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,092,054
    Hospitality
    $10,160,262
    Educational
    $8,453,219
    Medical
    $8,743,938
    Retail
    $13,149,451
300 Gebhardt Rd, Black River Falls, Wisconsin

Location Insight

City
Black River Falls
County
Jackson
State
Wisconsin
Latitude
44.284
Longitude
-90.8427

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
2021
$7,153
$23,100
$338,000
$361,100
-
-
-
$543,800

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