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Listed price in listed location currency (USD).
$895,000

000

MLS® 50181794

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 15400 sqft
Garage No
Maintenance Fees 
Taxes $6,374
Days Active 179
Approx. Age 1937
Avg. Price Per Sqft $58
MLS® Number 50181794

Property Address: 748 Central Avenue, Florence T-WI, WI, 54121

Average square foot calculated using Size range provided by listing agent.

Description

Encore on Central – A rare and remarkable opportunity to own a fully renovated 15, 000 sq ft historical commercial building located on highly visible US Highway 2 in the charming town of Florence, WI. This iconic property offers endless income-generating potential and is move-in ready for a variety of uses. Step inside to discover a breathtaking grand ballroom that accommodates up to 300 guests—perfect for weddings, corporate events, training seminars, and special occasions, along with a 50 ft bar area. The space also includes a full commercial kitchen, a beautiful bar, and all tables, chairs, and inventory included in the sale. Encore on Central currently generates rental income with established tenants including a tanning business, a martial arts studio, and an exercise/gym area. With a valid Wisconsin liquor license, this venue is primed for expansion—think brewery, supper club, upscale event space, or business incubator. The building has been fully point-tucked many renovations invested, combining modern amenities with preserved historic character. A true turn-key investment offering outstanding income potential in a high-traffic location. Bring your vision to life in this one-of-a-kind property!
MLS® Number50181794
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1937
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Inventory, Real Estate Only

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2025List Date
$895,000List Price
  • Commute

Commute

Starting Address
Destination Address
748 Central Avenue, Florence T-WI, WI

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