For Sale: Parkland Twp MLS# 6814980
Active
$850,000
Commercial: Business Opportunity
Built 1924
7 acres
Superior schools
MLS# 6814980
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Property Description
Come to Dreamland! You could be the new owner of this iconic Douglas County supper club. It is one of a few left in the area and this one sets the bar high. This establishment opened for business for the first time November 24th 1927! Ranked as the number 1 Wisconsin supper club in 2023 by Found in Wisconsin. If you have not been there, then you are missing out. This establishment has a feel that you can not just create. It is not just dinner, it is an experience. Plenty of parking with 7 acres of wooded land that would allow for major expansion if desired. The locals have supported this place for almost a century! What more do you need to say. There is a small 2 bedroom apartment above the unit for those who want to own and occupy or just have a tenant to help keep an eye on the place and make the numbers work better. Seller is willing to share financial information with signed confidentiality agreement and a letter of intent. Just google the name Dreamland Supper club and you will see pages and pages of good reviews and rankings. This is not just a supper club, it is an institution!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$850,000
Property Type:
Commercial
City:
Parkland Twp
Garage Spaces:
0
County:
Douglas
Year Built:
1924
State:
WI
Property Style:
Business Opportunity
Zip Code:
54874
Subdivision Name:
Nakoma Gardens
Interior
Ceiling Height:
Varied Heights
Basement Details:
- Block
- Partial
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
40
Air Conditioning:
Window Unit(s)
Foundation Size:
4,500 ft2
Foundation Dimensions:
75x60
Handicap Accessible:
No Stairs External, Partially Wheelchair
Heating System:
Boiler
Parking Features:
- Gravel
- Parking Lot
- Paved
Road Frontage:
- County Road
- Paved Streets
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
Metal
Lot & Land
Acres:
7
Geolocation:
46.605955, -91.946126
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Liquor License, Other
Lot Dimensions:
Irrg
Zoning:
Residential-Single Family
Schools
School District:
5663
District Phone:
715-394-8710
Expenses
Annual Electric Expense:
$5,508
Annual Fuel Expense:
$2,604
Annual Water/Sewer Expense:
$2,100
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,733
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,733
Units
Total Units:
4
Miscellaneous
Current Use:
- Food Service
- Restaurant
Fuel System:
Propane
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
Drilled
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of RE/MAX Results Duluth.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.