Hoots on the water | 2091 22 1/2 Ave
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Hoots on the water 2091 22 1/2 Ave
4,000 SF Retail Building Rice Lake, WI 54868 $932,731 CAD ($233 CAD/SF) 8% Cap Rate
Investment Highlights
- On the snowmobile trail
- Lake front
Executive Summary
Prime investment. Be your own boss. Tavern with a living quarters. On the lake.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
4,000 SF
Building Class
C
Year Built
1960
Price
$932,731 CAD
Price Per SF
$233 CAD
Cap Rate
8%
NOI
$74,618 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.96 AC
Opportunity Zone
Yes
About 2091 22 1/2 Ave , Rice Lake, WI 54868
Established bar large lake frontage lot
PROPERTY TAXES
Parcel Number | 038-0900-04-000 | Improvements Assessment | $260,358 CAD |
Land Assessment | $246,436 CAD | Total Assessment | $506,794 CAD |
PROPERTY TAXES
Parcel Number
038-0900-04-000
Land Assessment
$246,436 CAD
Improvements Assessment
$260,358 CAD
Total Assessment
$506,794 CAD
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Hoots on the Water
Hoots on the water | 2091 22 1/2 Ave
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