827 S Pine Street
Grantsburg, WI, 54840 $ 170,000
Baths0.0 Sq 1,680 Monthly Estimate*
$ 1,188
Studio
for $170,000. This 1,680 square foot building was built in 1900 on a lot size of 1.17.
Attention all restaurant enthusiasts! A fantastic opportunity has arisen to own a fully equipped 50-seater restaurant. This turn-key operation includes a waitress station, fridge, ice machine, ice cream machine, (2) 2-door coolers, (1) 1-door cooler, 4 ft electric grill, double electric fryers, (2) updated electric Broasters, electric stove, upright freezer, tabletop electric 5 shelf oven, (2) steam tables, (3) soup warmers, (3) microwaves, small Hobart mixer, meat slicer, walk-in freezer, walk-in cooler, dishwasher/sanitizer, pots, pans, utensils, dishes, tables & chairs, and (2) picnic tables/umbrellas. The restaurant also boasts updated plumbing and updated kitchen lighting to LED. Don't miss out on this rare opportunity to own a fully functional restaurant, contact us today for more information! **Seller will consider 4% CD - 20% down with up to 30-year AM rate and 3-year balloon!
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FeaturesGeneralSewer City Sewer/Connected
Heating Baseboard Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Flat
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1900
Tax Year 2022
Current Use Restaurant
Gross Income 133000
Accessibility No Stairs External
County Burnett
Net Operating Income 22000
Insurance Expense 5640
Property Type Commercial Sale
Contingency None
Directions State Hwy 70 to S Pine St south to property on right.
City Grantsburg Twp
Buyer Agent Compensation 2.40
High School District Grantsburg
Zoning Description Business/Commercial
Total Units 1
Street Name Pine
Land Lease Y/N N
Tax Annual Amount 1592
Electric Expense 12000
Fuel Expense 1070
Trash Expense 2200
Water Sewer Expense 1500
Additional Parcels Y/N N
Days on Market 437
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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ExteriorParking Features Gravel Gravel Parking Lot
Lot Features Irregular Lot Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment Inventory Land
Lot Size Area 1.17
Building Area Total 1680
Lot Dimensions 128.5x317x228.5x...
Lot Size Units Acres
Foundation Area 1680
Road Frontage Type County Road Paved Streets
Road Responsibility Public Maintained Road
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InteriorBasement (Y/N) N
Street Suffix Street
Fuel Natural Gas
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* Excluded FeaturesList ByWhite Oaks Real Estate, LlcBroker
unkwnVeronica@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,188
- Monthly Property Taxes
- $133
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Grantsburg, WI
Average List Price $219,950
Percent of Sale Price 29%
About Grantsburg, WI 1,340 Population
-2% Since 2002
$ 34,189 Median Income
42.93 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3048679 Elementary School
3048527 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/8/2024 | $170,000 | -8.11% | Price Down |
| 10/5/2023 | $185,000 | -7.50% | Price Down |
| 1/28/2023 | $200,000 | | Listed Price |