N8894 COUNTY ROAD H Active Save Request In-Person Tour Request Virtual Tour
Irma,WI 54442
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,952 sqft
Price per Sqft $96
MLS Listing ID 22400125
Year Built 1940
Annual Tax Amount $2,202
Tax Year 2023
Lot Size 2.000 Acres
Property Description
Attention investors and entrepreneurs! Turn-key bar & restaurant for sale, which includes the 2,952 sq ft commercial venue, an 8-unit storage building, plus a spacious apartment - featuring 2 bedrooms, 1 bath, main level laundry - with private exterior entry & interior access. This property is seated on 2-acre corner lot - in a desirable location with the snowmobile trail coming through the property - great opportunity for business, and is only 20 minutes from Tomahawk, Gleason and just over 25 minutes from Merrill, with highway access only 5 minutes away. Currently operating as a Thai restaurant "The Clover Club" with active liquor & food licenses, the future buyer could maintain the existing brand / business or start afresh with a versatile venue for a new bar or restaurant.,Spacious entry area leading to the main dining area / bar, includes the tables, chairs and bar stools, plus a secondary dining area just down the stairs (total seating capacity approx. 65 people). New ceiling throughout the main level dining area and updated bar (included). Commercial kitchen with included appliances and stainless prep areas (including the new ice machine and chicken broaster). Ample storage in the unfinished mechanical room - easily accessible. Includes the recently updated commercial outdoor wood stove ($38K value), also has LP gas to the property. The apartment offers additional income potential, or the opportunity to be owner-occupied and includes all of the appliances (refrigerator, range, washer & dryer). The storage building is 24'X84' (2,016 total sq ft) - units 1,2,3,4,5 and 8 are 12'X24', and rent for $65/mo, and units 6 and 7 are 12'X12 and rent for $35/mo. All units have a 9'X8 overhead door. When fully rented, the gross income is $460/mo and $5,520 annually. Tons of opportunity - schedule your showing today!
Location
State WI
County Lincoln
Zoning Commercial
Interior
Heating Lp Gas
Cooling Forced Air,Other,Window/wall AC
Exterior
Roof Type Shingle,Metal,Rubber/Membrane
Building
Sewer Well
New Construction N