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29990686
29990705

117 E Amelia St, Cassville, WI 53806 For Sale

PH
WI 57601 - 90
Wisconsin.Properties Realty, LLC
Listed by Wisconsin.Properties Realty, LLC
$225,000
142 days on market
Updated 35 days ago

The Lighthouse Lounge

Details
APN 111-00038-0000
Property Type Business for Sale, Hospitality (+1)
Sub Type Business and Building
Square Footage 3,116
Units 1
Cap Rate 31.11%
NOI $70,000
Occupancy 100%
Price per SqFt $72
Broker Co-Op Yes
Class B
Year Built 1961
Buildings 2
Stories 2
Lot Size (SqFt) 3,000
Zoning Commercial
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.64
Ownership 100%
Sale Condition For sale by owner

Opportunity In Tourist Driven Market in MIssissippi River Town of Cassville Wisconsin

Marketing description

OPPORTUNITY! Here is your chance to own your own established business in the Tourist Destination Mississippi River Town of Cassville Wi. Ongoing Tavern Business on the main business strip In Cassville Wisconsin. Here is your opportunity to own your own small business that generates income from the bar business as well as gaming income. Above the listed income is the gaming income in excess of $42k for 2025 from leased / shared income machines. There is additional gaming income from owned gaming and pull tab machines. The property includes a 2 bedroom residential unit on the 2nd floor and a 2 car detached garage both of which the Seller currently utilizes for his own use. Seller would like to lease back apartment and garage for a time after a sale.

Listing Contacts

PH
WI 57601 - 90
Wisconsin.Properties Realty, LLC
Listed by Wisconsin.Properties Realty, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$70,000.00
$5,833.33/mo

Valuation Metrics

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DSCR
31.11%
Cap Rate
31.11%
ROI

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Additional Information

Name
Paul Halberg
License
57601 - 90
Brokerage
Wisconsin.Properties Realty, LLC
Title
Broker / Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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