Restaurant/Retail Commercial Building on Highway 77

Retail-Commercial for Sale
Catylist Listing ID: 30774137
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant
Building Size (RSF): 8,838 SF
Gross Land Area: 52,708 SF
Sale Price: $695,000
Unit Price: $78.64 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Iconic building for sale! The building was most recently home to the Wooden Windmill restaurant, lounge, and liquor store. The building features over 8,800 SF including a large kitchen, multiple dining areas, a lounge, liquor store, walk-in coolers, all on 1.21 acres proving plenty of parking. The property is located on Highway 77 as you enter Fremont from the south providing excellent visibility. All the kitchen equipment, furniture, and fixtures stay. The possibilities are endless.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $7,964 (Annual)

Additional Details

Nearest MSA: Fremont
County: Dodge
Tax ID/APN: 270065982
Zoning: COMMERCIAL
Retail Clientele: General, Business
Property Located Between: On Highway 77
Property Visibility: Excellent
Largest Nearby Street: Highway 77 (Broad St)
Feet of Frontage: 250
Highway Access: On Highway 77
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,838 SF
Property Condition: Excellent
Year Built: 1950
Total Parking Spaces: 60
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT LOT 238 & ALL LOTS 256-260 EXC E15' INGLEWOOD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,670 24,777 28,797
Median Age: 30.91 38.71 39.73
Households: 602 10,094 11,795

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