About 748 Central Avenue
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!
Features of 748 Central Avenue
| MLS® # | 50181794 |
|---|---|
| Price | $895,000 |
| Square Footage | 15,400 |
| Acres | 0.16 |
| Year Built | 1937 |
| Type | COM/IND/BUS OPP |
| Sub-Type | Business |
| Status | Active |
| Source MLS | MiRealSource |
| Originating MLS | Upper Peninsula Assoc of Realtors |
Community Information
| Address | 748 Central Avenue |
|---|---|
| Area | Florence T-WI |
| City | Florence T-WI |
| County | Florence-WI |
| State | WI |
| Zip Code | 54121 |
Amenities
| Features | 220 Volt Power, ADA Accessible, Carpet, Ceramic Floor, Internet Available, Fixtures, Furniture, Lockers, No Elevator, Public Restrooms, Reception Area, Restroom(s), Tile Floors, Wood Floors, Smoke/Fire Alarm |
|---|---|
| Parking | 11-20 Spaces, Municipal, On Site, Parking Lot |
| Is Waterfront | No |
| Waterfront | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Exhaust Fan, HVAC, Wall/Window A/C |
Exterior
| Construction | Brick, Full Masonry |
|---|---|
| Foundation | Basement |
Additional Information
| Zoning | Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KELLER WILLIAMS CLASSIC REALTY NW |
|---|