5802 Tower AveSuperior, WI 54880

  • Other commercial real estate
  • 0.31 AC
For Sale
$395,000 View listing

Property Details for 5802 Tower Ave

Lot size
0.31 AC
Zone code
C2
Property type
Other commercial real estate
APN
08-808-00042-00
APU
88080004200

Description

This exceptional 3,500 square foot restaurant building in Superior, Wisconsin, is available for $395,000. Located at 5802 Tower Ave, 54880, this single-unit property offers a turnkey restaurant operation complete with all fixtures, furniture, and equipment (FF&E). Alternatively, the seller will remove the FF&E, presenting a fantastic opportunity for a buyer seeking a prime retail space in a desirable location. The property includes a separate garage and a large parking lot, enhancing its appeal and functionality. The building sits on a corner lot, providing excellent visibility and accessibility. A unique advantage is a private driveway accessible via an alley, which can be easily blocked to minimize drive-through traffic and enhance the property's overall ambiance. This versatile property presents a rare opportunity to acquire a thriving business or a strategically located building in Douglas County, Wisconsin. The property's size, amenities, and location make it an ideal investment for both established businesses and new ventures. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,869,186
    Hospitality
    $2,628,159
    Educational
    $2,186,598
    Medical
    $2,261,798
    Retail
    $3,401,374
5802 Tower Ave, Superior, Wisconsin

Location Insight

City
Superior
County
Douglas
State
Wisconsin
Latitude
46.6692
Longitude
-92.1038
CBSA code
20260
CBSA name
DULUTH, MN-WI METROPOLITAN 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
$3,711
$45,000
$132,900
$177,900
-
$71,079
$209,921
$281,000

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