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6028 CTH k

Successful Turn Key Bar and Restaurant with Banquet Hall and Multiple Tenants for passive income.

Listing Contacts

Active

Asking Price: $425,000
Address 

6028 CTH K, Green Bay, WI 54229

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Date Added
Aug 2, 2024
Days on Market
227 days
Time Since Last Update
43 days

Details

Property TypeHospitality, Mixed Use, Retail
SubtypeBar, Restaurant, Banquet Hall
Investment TypeOwner/User
ClassB
TenancyMulti
Number of Tenants2
Square Footage7,151
Occupancy100%
Units3
Beds2
Year Built1900
Buildings2
Stories2
ZoningG2 Commercial
Lot Size (acres)1.2
Parking (spaces)20
Rent BumpsYes
Broker Co-OpYes
OwnershipSole Proprieter

Marketing Description

Offering an Excellent Opportunity to Own and Operate a Successful Turn Key Full Service Bar, Restaurant and Banquet Hall very well known and supported as Palm Gardens in Champion! Brand new flooring in bar and dining area, extensive list of updates with Over $175,000 invested, Please see list in documents.​ Large U-Shaped Bar offers 31 stools with a pool room, an additional Dining area, 2 sets of men's and women's bathrooms and a lg banquet hall for parties of 125+ with a 2nd bar.​ The upper 2 bed 1 bath apartment and lg 2nd building operated as Dirt Heaven Hobby & Raceway with an indoor dirt track and retail space offer additional rental income.​ All this on 1+ acres in the heart of Belgium Country only 1.3 miles from The Shrine , 10 minutes from Luxemburg, and 20 minutes from Green Bay!
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