18525 50Th AveChippewa Falls, WI 54729

Property Details for 18525 50Th Ave

Lot size

3.05 AC

Property type

Commercial real estate

APN

22808-1243-0625-0000

APU

22808124306250000

Description

This iconic Chippewa Falls, WI supper club, located at 18525 50th Ave, 54729, is available for $374,900. Boasting 3,000 square feet on a 3.05-acre lot, this established business offers significant potential. Currently closed, it's ready for a new owner to revitalize its legacy. The sale includes all furniture, fixtures, and equipment. The spacious interior features a dining room for up to 200 guests, a fully equipped kitchen, a large bar area, and a private banquet room. An oversized two-car garage is also included. The property enjoys ample parking and is less than half a mile from Lake Wissota, presenting exciting possibilities for future land use. Seller financing is available. Occupancy is available November 1, 2023. This is a unique opportunity to own a piece of Chippewa Falls history and create your own thriving business. The property's prime location and substantial size offer numerous possibilities for expansion or adaptation to a variety of concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $27,683,500

  6.5%

  $25,554,000

  7%

  $23,728,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,781,070

  Geo Method

  $6,781,070

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $50,463,000

  Retail / Commercial

  $25,847,200

  Mixed-Use / Specialty

  $25,731,500

  Hospitality / Lodging

  $18,847,600

  Office

  $25,554,000

  Institutional / Educational

  $26,741,900

  Residential Income

  $31,288,000

  Multifamily

  $37,656,100

  Automotive / Energy

  $22,921,600

  Parking / Income-Based Land

  $7,933,310

  Restaurant / Food Service

  $13,332,700

  Healthcare / Senior Housing

  $26,411,400

Location Insight

City

Chippewa Falls

County

Chippewa

State

Wisconsin

Latitude

44.9158

Longitude

-91.296

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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