748 CENTRAL AVENUE Active

Florence,WI 54121

$ 925000

- Bed

- Bath

15400 SqFt


Key Details

Property Type Commercial

Sub Type Recreation/Health Club,Restaurant,Service

Listing Status Active

Purchase Type For Sale

Square Footage 15,400 sqft

Price per Sqft $60

MLS Listing ID 50311699

Year Built 1937

Annual Tax Amount $6,373

Lot Size 7,187 Sqft

Acres 0.16

Property Sub-Type Recreation/Health Club,Restaurant,Service

Property Description

Encore on Central is a rare opportunity to own a fully renovated 15,000 sq ft historic commercial building on highly visible US Hwy 2 in Florence, WI. This iconic property offers endless income potential and is move-in ready for various uses. Inside, a breathtaking grand ballroom seats up to 300?perfect for weddings, corporate events, and special occasions. It includes a full commercial kitchen, beautiful bar, and all tables, chairs, and inventory. Current tenants generate income with a tanning business, martial arts studio, and gym. With a valid WI liquor license, this venue is primed for expansion as a brewery, supper club, upscale event space, or business incubator. Over $1M in renovations, including full point-tucking, preserve historic charm while adding modern amenities.

Location

State WI

County Florence

Zoning Commercial

Rooms

Basement Poured Concrete,Full

Interior

Cooling Central Air,Forced Air,Gas

Exterior

Exterior Feature Brick

Garage Spaces 10.0

Parking On Site 10

Building

Dwelling Type 2 Story,Historical

Sewer Municipal Water,Municipal Sewer

New Construction N

Schools

School District Florence

Others

Virtual Tour https://youriguide.com/748_central_ave_florence_wi/doc/floorplan_imperial.pdf

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