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748 CENTRAL Avenue Florence, WI $ 895,000
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$ 895,000 Get more info
748 CENTRAL Avenue
$ 895,000
Back to search
Share Save

748 CENTRAL Avenue

Florence, WI, 54121
$ 895,000
Bedrooms-- Baths-- Sq 15,400

Monthly Estimate*

$ 5,584

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View a Virtual Tour

Commercial Property for sale in Florence, WI

for $895,000. This 15,400 square foot building was built in 1937 on a lot size of 0.16.

Encore on Central is a rare opportunity to own a fully renovated 15,000 sq ft historic commercial building on highly visible US Hwy 2 in Florence, WI. This iconic property offers endless income potential and is move-in ready for various uses. Inside, a breathtaking grand ballroom seats up to 300—perfect for weddings, corporate events, and special occasions. It includes a full commercial kitchen, beautiful bar, and all tables, chairs, and inventory. Current tenants generate income with a tanning business, martial arts studio, and gym. With a valid WI liquor license, this venue is primed for expansion as a brewery, supper club, upscale event space, or business incubator. Over $1M in renovations, including full point-tucking, preserve historic charm while adding modern amenities.

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Commercial Active

Price

$ 895,000

Property Type

Commercial

Taxes

$ 6,373

Style

For Sale Real Estate

Lot Size

0.16

Year Built

1937

Town/City

Florence

County/Region

Florence

MLS | Web ID

50311699
Features
General
Sewer Public Sewer
Heating Forced Air
Zoning Commercial
Construction Materials Brick
Year Built 1937
Property Subtype Real Estate
Business Type Recreation Restaurant Service/Misc.
Business Name Encore on Central
County Florence
Property Type Commercial Sale
Building Features Fixtures Inside Storage Loading Dock Offices Security System
Status Active-No Offer
Directions From Iron River head East on US2 continue on US2 East/ US-141 Once you get into Florence WI destination will be on the left.
City FLORENCE
Entry Location Alley Business District Corner Highway Nearby Res
High School District Florence
Lot Size Square Feet 7187
Tax Annual Amount 6373.65
Virtual Tour https://youriguide.com/748_central_ave_florence_wi/doc/floorplan_imperial.pdf
Structure Type Two Story
Standard Status Active
Year Built Source Seller
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Interior
Basement Full
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Exterior
Parking Features On Site Paved On Street
Water Source Public
Total Parking 10
Foundation Details Poured Concrete
Number of Buildings 1
Building Area Total 15400
Lot Dimensions 75x120
Lot Size Acres 0.16
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Nikki Hebert

Listing Agent

Keller Williams Classic Realty Nw

Broker

nikkih@kw.com

Email

Affordability Calculator

$6,115
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,584
Monthly Property Taxes
$531
Monthly 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
2118363 Elementary School
2119148 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/8/2025$895,000 -3.24% Price Down
7/16/2025$925,000 Listed Price

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748 CENTRAL Avenue, Florence, WI, 54121 is a Commercial Property for sale at $895,000 with 15,400 sqft and a lot size of 0.16. 748 CENTRAL Avenue was built in 1937. The property's zip code is 54121 which is in Florence, WI

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