Dairy Queen Grill n Chill

98 Cascade St S Osceola, WI 54020

98 Cascade St S, Osceola, WI, 54020
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FOR SALE
Property Type:
Restaurant
Amount:
$595,000
Last Verified:
Nov 12, 2024

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Highlights

  • T-INTERSECTION - all three directions of traffic coming in or going out of Osceola, WI are either next to or face this property. Northbound traffic stops at a stop sign directly in front of the building.
  • FAVORABLE DQ CONTRACT - In addition to the standard advertising fees, this property benefits from a favorable royalties contract for all items.
  • UPSIDE POTENTIAL - A new operator could potentially increase income byadjusting operating methods and implementing new promotions.
  • SALE-LEASEBACK (Optional) - A Franchisee can recoup a large portion of their investment through the implementation of a sale-leaseback immediately upon purchasing the business and real estate.
  • STRONG LOCATION - Lots of tourists visiting, especially in season. Property is within walking distance to the St. Croix river and National Park. There is a popular waterfall a block away, and trails that lead out to the St. Croix River.
  • SBA FINANCING AVAILABLE - This Dairy Queen can be purchased for as little as 10%down using SBA financing for qualified Buyers.
  • PUBLIC PARKING - There is a large public parking lot in the rear of the property providing additional foot traffic to the restaurant.

Description

Prime Net Lease is pleased to offer the opportunity to acquire the fee simple interest in a Dairy Queen Grill n Chill. The subject property was originally built in 1982.

Dairy Queen, often abbreviated DQ, is a chain of soft serve ice cream and fast food restaurants owned by International Dairy Queen, Inc, a subsidiary of Berkshire Hathaway. Franchise Times estimates DQ sales worldwide at more than 3 billion, ranking it the 32nd largest franchise chain of the Top 200 Franchise Chains list.

Osceola, Wisconsin, located on the St. Croix National Scenic Riverway, was originally settled in 1844. A collection of buildings dating from the 1880's forms the core of downtown and contributes to Osceola's small town charm.

Located less than 40 miles northeast of the Minneapolis and St. Paul metropolitan area, the Village enjoys a perfect balance of recreation, tourism, business and industry. Osceola is an attractive place for families to live, work and do business. The Village's elected officials, businesses and residents welcome you to our community!

The downtown commercial district, listed on the National Register of Historic Places, tempts visitors with one-of-a-kind shops and eating establishments. Cascade Falls, located in the southwest corner of the business district, provides a cooling respite on hot summer days and a frosty landscape in the winter.

Osceola is a Wisconsin Main Street Community. In 2006, Osceola received a Crown Community Award from American City and County; and in 2007, Osceola received a designation as a Preserve America Community for its efforts in preserving and promoting its historic and cultural heritage.

Whether you're looking to start a new business or just visit, Osceola's Main Street is definitely the place to begin.


Year Built: 1982
Building Size: 1100sq ft
Lot Size: 0.37 acres


Documents

OM - DQ - Osceola, WI

Map of 98 Cascade St S, Osceola, WI, 54020

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.