695 Us-2Florence, WI 54121

For Sale
$699,900

Established Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This thriving restaurant, located at 695 US Hwy 2 in Florence, Wisconsin, presents a unique owner/user investment opportunity. The 6,300 square foot, two-story building, constructed in 2007, boasts a prime location on a busy highway with exceptional visibility and convenient access. The property sits on a 0.91-acre lot and includes 69 parking spaces. The restaurant features a main level with a bar, kitchen, and two dining areas, plus a lower level perfect for private events. Currently operating at 100% occupancy since October 27, 2022, this established business includes all necessary licenses, furniture, inventory, and equipment, making it a truly turnkey operation. The asking price is $699,900, translating to $111.10 per square foot. The property is zoned commercial and offers ample air rights (6,300 sq ft). This is a rare chance to acquire a well-established, profitable restaurant with significant potential for continued growth. The sale includes the building, land, and all existing business assets. This is a remarkable opportunity for an experienced restaurateur or a savvy investor seeking a high-return, established business. The property's strong performance and prime location make it an exceptional investment prospect.

Highlights

  • Turnkey restaurant opportunity in Florence, WI.
  • 6,300 SF, two-story building on 0.91-acre lot with 69 parking spaces.
  • Prime US Hwy 2 location with high visibility.
  • Built in 2007, currently 100% occupied since 10/27/2022.
  • Includes all FF&E, licenses, and inventory; asking price $699,900 ($111.10/SF).

Property Details for 695 Us-2

Property type
Other retail properties, Restaurants
Square Feet
6,300 SF
Year Built/Renovated
2007/2007
Buildings
1
Stories
2
Lot Size (sq. ft)
39,640 SF
Units
1

Location Insight

City
Florence
County
Florence
State
Wisconsin
Latitude
45.876074556623
Longitude
-88.089521465221
695 Us-2, Florence, Wisconsin

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695 Us-2
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