WI > Florence
Florence, WI 54121,748 CENTRAL AVE
Florence, WI 54121,748 CENTRAL AVE
Florence, WI 54121,748 CENTRAL AVE
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$895,000
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4 Baths
15,400 SqFt
Price Dropped by $30K

748 CENTRAL AVE Florence, WI 54121

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O'Connor Realty Group

O'Connor Realty Group

+1(715) 823-5144

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 15,400 sqft

Price per Sqft $58

MLS Listing ID 213279

Full Baths 4

HOA Y/N No

Year Built 1937

Annual Tax Amount $6,374

Tax Year 2024

Lot Size 7,187 Sqft

Acres 0.16499081

Lot Dimensions 75x120

Property Sub-Type Hotel/Motel

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. A true turn-key investment with outstanding income potential in a high-traffic location. Bring your vision to life in this remarkable property.

Location

State WI

County Florence

Community Recreation Area, Sidewalks, Trails/Paths

Direction From Iron River, head East on US2 to Florence WI, destination will be on the left.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Concrete, Laminate, Mixed, Tile, Wood

Inclusions Real Estate Only, Fixtures, Equipment, Furniture, Inventory, Supplies

Fireplace No

Exterior

Exterior Feature Handicap Accessible, Sprinkler/Irrigation, Landscaping

Parking Features Paved, Public, Parking Lot

Community Features Recreation Area, Sidewalks, Trails/Paths

Utilities Available High Speed Internet Connected

Water Access Desc Public

Roof Type Metal,Rubber

Street Surface Paved

Accessibility Wheelchair Access

Road Frontage City Street, Highway

Building

Story 3

Sewer Public Sewer

Water Public

Others

Tax ID 010-02594-00004

Security Features Security System,Fire Sprinkler System

Listed by KELLER WILLIAMS CLASSIC REALTY NW

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O'Connor Realty Group

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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