Mancheski & Associates, Inc

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Listing provided courtesy of Realty 2.0- MLS# 1960958MLS Provider

W3408 Highway 16Rio, WI 53960

Commercial · 3,072 Sq. ft. | 1.06 Acres
$420,000 Active

W3408 Highway 16 Overview

Time on Site:
1065 days
Visits:
381

The Otsego Yacht Club is a well established Bar & Restaurant in the area. Friday Fish Fry's have been bringing in loyal and new customers for years. Snow Mobile Trail enters from the back of the property. Excellent location to continue building business for decades to come. Current owners have updated flooring, ceilings, walls, coolers, tap lines, tables, chairs and more! Showings must happen prior to opening for business daily.

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W3408 Highway 16 Facts & Features

  • Type Commercial
  • Sq. ft. 3,072
  • Price/Sq.ft. $137
  • Lot 1.06 Acres

Details

General

Income/Expenses

  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Sale Includes: Business name, Equipment, Furniture

Building Information

  • Fuel: Liquid propane
  • Water/Waste: Non-Municipal/Prvt dispos, Well
  • Year Built: 1945

Business Information

  • Business Name: Otsego Yacht Club
  • Current Use: Restaurant/Supper Club, Retail, Tavern

Location/Region

  • County Or Parish: Columbia
  • Postal City: Rio

Parking Information

  • Parking Fees/Mo.: 0

Rent/Lease Information

  • Lease Type: None
  • Tenant Pays: N/A

Tax Information

  • Tax Annual Amount: $3,518.00
  • Tax Assessed Value: $159,700.00
  • Tax Year: 2023

General Information

  • Business Sale: Yes
  • Exclusions: Sellers Personal Items, all food and beverage inventory to be sold separately, lease items (juke box, ATM, gambling units, dart board, video games)
  • Features: Inside storage, Public rest rooms, Signage available
  • Inclusions: All Tables, Chairs, Beverage Coolers, Appliances, TV's, Freezers, Salad Bar, Patio Tables/Chairs/Umbrellas, Dishes, Silverware, Shelving units.
  • Parcel Number: 11030 323.04
  • Property Type: Business/Comm
  • Type: Office, Other, Restaurant/Supper Club, Retail, Tavern
  • Zoning: Comm

Interior

Building Information

  • Total Units/Bldg.: 1
  • Heating/Cooling: Central air, Forced air

Building Interior

  • Building Area Total: 3072
  • Ceiling Height Max: 10
  • Ceiling Height Min: 10
  • Seating Capacity: 51-75 persons

General Information

  • Basement: Partial
  • Stories Total: 1

Unit Information

  • Unit 1 Base Annual Rent: $0.00
  • Unit 1 Gross SqFt: 0

Exterior

Parking Information

  • Onsite Parking: Yes
  • Parking Features: 21-35 spaces, Gravel, Paved

Lot Information

  • Street Frontage: 300
  • Lot Size Acres: 1.06
  • Lot Size Source: Assessor

Building Exterior/Construction

  • Construction Materials: Vinyl
  • Roof: Composition

W3408 Highway 16 Neighborhood

Community

53960 (Rio) Demographics

42
Median Age
37
Population Density (per sq. mile)
36%
College Educated
$69,737
Estimated Median Income
1,139
Estimated Total Home Owners
337
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

W3408 Highway 16 Monthly Cost

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Jeff Payden
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

W3408 Highway 16 Market Data

Based on the last 30 days in this zip code

$591,281
Average List Price
$214
Average Price per Square Foot
2
Properties Sold
88
Average Days on Market
8
Properties for Sale
Calculations provided by Reliance Network

W3408 Highway 16 History

Date Event Value Agent
7/28/2025Source: South Central Wisconsin MLS Added to Database
July 30, 2023
7/28/2025Source: South Central Wisconsin MLS Price Reduction
$440,000 -2.2%
7/28/2025Source: South Central Wisconsin MLS Price Reduction
$420,000 -4.5%