714 5th Ave - Restaurant FOR SALE


Antigo, WI 54409
$250,000 USD
715-754-5221
714 5th Ave, Antigo, WI for Sale
$250,000 USD
Restaurant - FOR SALE
1/26
null | Request Cap Rate

714 5th Ave
Antigo, WI 54409


HIGHLIGHTS

  • Downtown Location
  • A new roof was installed in 2019
  • City parking at the rear of the building

OVERVIEW

L-7607: DIXIE LUNCH RESTAURANT and FIFTH AVENUE SUPPER CLUB have been in downtown Antigo for over 75 years. Founded in 1945 by Ed & Georgian Ourada, these family owned businesses have been meticulously maintained. Both restaurants are often very busy due to the amazing downtown location, high quality food, service, and comradery. The approx. 40’x97’ building includes city parking at the rear of the building that is partially owned by the Ouradas. The two restaurants share a foyer entrance. Fifth Avenue Restaurant accommodates approx. 65 guests with amenities such as a salad bar, broiler, fryer, privacy booths, and table seating, along with a full service bar with 18 stools, and an office area. Dixie Lunch seats approx. 95 guests, and features booths, tables, and counter seating. This side includes a basement, and an office area. Both businesses share a fully equipped kitchen, including areas for table bussing and dishwashing, along with three operational walk-in coolers and one walk-in freezer. Each side has its own restrooms. A new roof was installed in 2019, and there are two roof air conditioning units installed in the last ten years. Fifth Avenue had new flooring installed 2-3 years ago. Owners are including all equipment on both sides of the building unless stated in writing prior to selling.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Dixie Lunch & Fifth Avenue Supper Club

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,985 SF

ZONING

-

APN/PARCEL ID

201-0414.001

ASK ABOUT THIS PROPERTY

Tom NolanNolan Sales LLCMore Info
715-754-5221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tom NolanNolan Sales LLCMore Info
715-754-5221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.