508 Central Avenue Florence, WI ^$ 155,000

508 Central Avenue

^$ 155,000

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508 Central Avenue

Florence, WI, 54121

^$ 155,000

Bedrooms-- Baths-- Sq 4,030

Monthly Estimate*

^$ 967

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Commercial Property for sale in Florence, WI

for $155,000. This 4,030 square foot building was built in 1950 on a lot size of 0.33.

The Dina Mia Restaurant & Bar of Florence has had a long history of serving the area for over 30 years in traditional Wisconsin Supper Club fashion. They are currently closed but previously served a full menu, specializing in made to order pizzas, Italian cuisine, steaks & seafood. The wrap around bar seats 26-30 patrons, the dining room seats over 80 & the adjacent party room adds additional 40 seats. Included are all of the kitchen and bar equipment including tables and chairs. Real estate includes the 4000 + sf building and the adjacent parking lot with over 20 spaces. This business is located on the ATV/Snowmobile trail in the center of Florence.

Commercial Active

Price

^$ 155,000

Property Type

Commercial

Taxes

^$ 3,446

Style

Commercial/Industrial

Lot Size

0.33

Year Built

1950

Town/City

Florence

County/Region

Florence

MLS | Web ID

50094836

Features

General

Heating Electric Heat Forced Air

Cooling Central A/C

Roof Composite Rubber Shingles

Zoning G2 Commercial Commercial

Water Public Water

Status Active Active

Year Built 1950

Parking 11-20 Spaces

Water Heater Gas

County Florence-WI

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Type Bar/Restaurant

Business Name Dina Mia of Florence

Ownership Private

Municipality Florence T-WI

Subdivision WI

Sale/Rent For Sale

Status Detail 0

Commercial Features 220 Volt Power Alley Cable TV Available Cafe/Kitchen Ceramic Floor Delivery Area Fixtures Meeting Rooms Occupied Off Street Loading Private Restrooms Public Restrooms Restroom(s) Roof Sign Sidewalks

Area Florence T-WI

Primary City Florence

Location Main Street

Directions US 2 & 141 in Downtown Florence

City Florence T-WI

Financial Terms Cash Commercial Loan Conventional

Legal Description S21 T40N R18E LOTS 15-16-17 & 18 BLK 14 OF PLAT OF THE VILLAGE OF FLORENCE

DOM 1128

Postal Code 54121

Price Per Sq Ft Total AG 38.46

Public Remarks

Exterior

Exterior Stucco Vinyl Siding

Frontage 120

Lot Size Area 0.33

Lot Dimensions 120x120

Well/Septic Inspection Done No

Water Features None

Roads U.S. Highway

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

MICHAEL GOTSTEIN

Listing Agent

Coldwell Banker Real Estate Group

Broker

mgotstein@coldwellhomes.com

Affordability Calculator

$1,254

Per Month

Monthly Principal & Interest: $967
Monthly Property Taxes: $287
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Commerical listings in Florence, WI

Average List Price ^$478,543

Percent of Sale Price 209%

About Florence, WI

669 Population

-9% Since 2002

^$39,429 Median Income

49.77 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/19/2025	$155,000	-3.13%	Price Down
9/5/2025	$160,000	-3.03%	Price Down
8/22/2025	$165,000	-2.94%	Price Down
4/9/2025	$170,000	-12.82%	Price Down
9/27/2024	$195,000	-4.88%	Price Down
8/28/2024	$205,000	-4.65%	Price Down
8/21/2024	$215,000	-4.44%	Price Down
8/14/2024	$225,000	-4.26%	Price Down
8/8/2024	$235,000	-4.08%	Price Down
7/31/2024	$245,000	-3.92%	Price Down
3/29/2024	$255,000	-13.56%	Price Down
9/7/2023	$295,000	-10.06%	Price Down
6/5/2023	$328,000	-2.09%	Price Down
3/27/2023	$335,000	-2.90%	Price Down
11/2/2022	$345,000		Listed Price

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508 Central Avenue, Florence, WI, 54121 is a Commercial Property for sale at $155,000 with 4,030 sqft and a lot size of 0.33. 508 Central Avenue was built in 1950. The property's zip code is 54121 which is in Florence, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

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508 Central Avenue

Commercial Property for sale in Florence, WI

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