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32400 State Hwy 50 6,194 SF Retail Building Salem, WI 53168 $1,155,073 CAD ($186.48 CAD/SF)
Investment Highlights
- Fully updated and furnished event and retail property with elegant décor and finishes.
- Features modern systems including new HVAC, lighting, and well infrastructure.
- Generous parking lot with approximately 62 spaces accommodates large gatherings.
- Includes business, furniture, fixtures, and equipment, making it a turnkey opportunity.
- Equipped with a commercial kitchen, two bars, and a walk-in cooler for operational efficiency.
- Outstanding visibility with high daily traffic counts near Highway 83/50 and freestanding electronic signage.
Executive Summary
Beautifully updated, furnished and decorated event space for up to +/- 300 standing +/- 220 seated. Ready to go plug and play event space. Includes business and FF&E. New HVAC, water well, roof, flooring, ceiling, lighting and walk in cooler. Kitchen, two bars and large parking lot. High traffic counts with +/- 19,000 vehicles/day via Hwy 83/50. Freestanding electronic message signage.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,194 SF
Building Class
C
Year Built
1974
Price
$1,155,073 CAD
Price Per SF
$186.48 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.64 AC
Zoning
B-3 - B-3 HIGHWAY BUSINESS DISTRICT The B-3 Highway Business District
Parking
62 Spaces (10.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 95-4-119-012-0700 | Improvements Assessment | $665,267 CAD |
| Land Assessment | $153,375 CAD | Total Assessment | $818,642 CAD |
Property Taxes
Parcel Number
95-4-119-012-0700
Land Assessment
$153,375 CAD
Improvements Assessment
$665,267 CAD
Total Assessment
$818,642 CAD
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32400 State Hwy 50
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