508 Central AveFlorence, WI 54121

For Sale
$195,000

Turnkey Restaurant & Bar, 4000+ sq ft

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial property, located at 508 Central Avenue in Florence, Wisconsin, presents a unique investment opportunity. The 4,030 square foot building has served as Dina Mia of Florence, a well-established restaurant and bar operating for over 30 years, closing its doors on January 1, 2024. The property boasts a substantial seating capacity, including a wrap-around bar accommodating 26-30 patrons, a spacious dining room with seating for over 80, and an additional party room with capacity for 40 more guests. The previous owners, now retired, maintained the property with consistent improvements and updates to the bar, kitchen, and dining areas over the years. The sale includes the building and an adjacent parking lot providing over 20 spaces. Further parking is conveniently available across the street in a bank's lot. The 0.33-acre lot is strategically situated on the ATV/Snowmobile trail in the heart of Florence, offering excellent visibility and accessibility. The previous business specialized in made-to-order pizzas, Italian cuisine, steaks, and seafood, also offering takeout service. This turnkey operation presents a rare chance to acquire a well-established location with significant potential for a new owner. The property is priced at $195,000.

Property Details for 508 Central Ave

Property type
Other commercial real estate
Square Feet
4,030 SF
Year Built
1950
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Florence
County
FLORENCE
State
Wisconsin
Latitude
45.92266
Longitude
-88.2496
508 Central Ave, Florence, Wisconsin

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508 Central Ave
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