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$449,900
Est. payment /mo
9,237 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant,Tavern/Bar,Retail,Restaurant/Supper Club,Office(s),Beauty/barber shop,Mixed use
Listing Status Active
Purchase Type For Sale
Square Footage 9,237 sqft
Price per Sqft $48
MLS Listing ID 22505637
Year Built 1910
Annual Tax Amount $3,158
Tax Year 2024
Property Sub-Type Restaurant,Tavern/Bar,Retail,Restaurant/Supper Club,Office(s),Beauty/barber shop,Mixed use
Property Description
Step into a piece of local history with this versatile three-level commercial building, offering exceptional potential for investors, restaurateurs, and entrepreneurs alike. Constructed decades ago in 1910 with timeless craftsmanship, the property evokes the charm and character of small-town Wisconsin?its brick structure standing as a testament to resilience and authenticity.,Located just a short drive from Sand Valley, the property benefits from the influx of visitors and the growing reputation of the area as a destination. This proximity ensures a steady stream of potential customers, from locals to visitors and out-of-town golf enthusiasts seeking dining, drinks, or a cozy night out after a day on the greens. Combine that with the daily traffic counts of approximately 6,400 vehicles and you have a prime location with exceptional exposure and year-round customer potential. In preparation for further renovations and finishing, the current owner had each level assigned a separate address?the lower level is 318 Market Street, the main level is 316 Market Street, and the upper level is 314 Market Street. Each level has separate electric meters, with three-phase available on the main level. The beautifully restored lower level features a renovated, fully operational bar, complete with updated finishes, fixtures, and equipment. DeBasement Bar, as it is currently named, features an inviting space that is truly turn-key?perfect for immediate opening as a bar/pub, cocktail lounge, or entertainment venue. As soon as you walk through the entrance, you will feel the welcoming aura that the current owner has only enhanced with his renovations. Here you will find an impressive 50ft bar with seating for 25 people comfortably, who can spend an afternoon or evening relaxing and socializing with friends. The bar comes equipped with a fully functioning kitchen, including a walk in cooler and custom tailored menu already created for the grand opening! As the evening goes on, there is ample room for table seating (an additional 30-50 for seating), multiple tvs for sports entertainment and a dance floor?if a DJ or live band is preferred. A substantial Inventory List is included with the sale of this property and is available upon request. On the main level, the property offers a warm and inviting restaurant/cafe space with excellent street visibility, high ceilings, and vintage architectural details that create an ideal setting for a wide range of dining or retail concepts. Multiple rooms in the back, including a potential kitchen area, prep and wash room, small office and an additional 2 bathrooms, which can be renovated prior to opening, make this an extremely versatile level. The upper level, filled with natural light, provides generous unfinished areas awaiting transformation?perfect for offices, event space, or an owner?s suite for those looking to maximize the building?s potential. The soaring ceilings are an impressive feature and with the right finishing touches, could be an incredible statement piece for any thriving business. There are currently no utilities hooked up for the upper level. With its combination of historic appeal, strong street presence, and advantageous location near one of the region?s premier attractions
Location
State WI
County Wood
Zoning Commercial
Interior
Heating Natural Gas
Cooling Forced Air, Central Air
Exterior
Exterior Feature Brick, Brick/Stone
Utilities Available Separate Meter
Roof Type Rubber/Membrane,Rubber/Membrane
Building
Dwelling Type Free Standing
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
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Listed by eXp Realty, LLC
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