Fairview Sports Bar & Grill | 711 W Racine St
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Fairview Sports Bar & Grill 711 W Racine St
9,379 SF 100% Leased Retail Building Jefferson, WI 53549 $867,900 CAD ($93 CAD/SF)
INVESTMENT HIGHLIGHTS
- High Visibility - Located on Hwy 18 (W Racine St), near State Hwy 26 Ramp
- 2 Apartments on second floor, each are 2 Bed/1 Bath, with private outside entrances.
- Bar/Restaurant Area, large Banquet Room with additional bar, and Dining Room. Separate entrances.
- Large paved parking lot with second entrance.
EXECUTIVE SUMMARY
This Turn-key business opportunity is of a well-known establishment. Many possible streams of revenue. Bar/tavern, restaurant, event venue, and rental units. This well-maintained property includes a bar/restaurant with a dining room, and a large banquet room with an additional bar, both with separate entrances. Furniture and fixtures included. The large kitchen comes with equipment, cookware, and dishes. Plenty of parking with access to both sides of the building. There are also two rental units on the second floor, each 2-bedroom/1 bath with laundry, and separate outside entrances.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$27,773
|
$2.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$27,773
|
$2.96
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $27,773 |
| Annual Per SF | $2.96 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $27,773 |
| Annual Per SF | $2.96 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,379 SF
Building Class
B
Year Built
1971
Price
$867,900 CAD
Price Per SF
$93 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.55 AC
Zoning
Commercial
Parking
50 Spaces (5.33 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $583,050 CAD (2023) | |
| Land Assessment | $64,417 CAD (2023) | Total Assessment | $647,467 CAD (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$64,417 CAD (2023)
Improvements Assessment
$583,050 CAD (2023)
Total Assessment
$647,467 CAD (2023)
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Fairview Sports Bar & Grill | 711 W Racine St
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