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About This Home

This 0-bedroom, 0-bathroom commercial at 695 US2 Highway in Florence, WI is listed for $649,900 ($103 per sqft). Built in 2007, the home offers 6,300 sqft of living space on a 0.91 acres lot.

Agent Description

For 100 years, the legendary El Capitan Supper Club has been a beloved cornerstone of Spread Eagle. Renowned for its exceptional Italian cuisine and warm, family-friendly atmosphere, this iconic restaurant has been cherished by generations of diners. Now, this thriving business is seeking a new owner to carry on its legacy.

The 6,300 sq ft facility is comprised of an upper level with large bar, kitchen, open dining area, and 38-seat party room while the lower level features a 60-seat banquet room with private bar; ideal for private parties and gatherings. Perfect location on busy US Hwy 2, with excellent visibility and easy in and out access of the 69-space parking lot.

Includes all necessary licenses, furniture, inventory, and equipment. This is an extraordinary opportunity for an experienced restaurateur or aspiring entrepreneur to acquire a well-established and profitable business with a loyal customer base.

Key Features

  • Built in 2007
  • 0.91 acre lot

Property Details

2007

Amenities

A/C

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,816
Insurance$190

Estimates only. Actual payments may vary.

Location

695 US2 Highway

Florence, WI 54121

Features & Amenities

Exterior Features

Deck/PatioSecurity Lighting

Property Details

Pool Features

Patio

Parking

Off StreetParking Lot

Heating

Oil

Cooling

Exhaust Fan (Cooling)Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 695 US2 Highway is listed at $649,900 ($103/sqft). The estimated monthly payment is $2,816 based on 20% down at 6.5% interest.

Key features include: Built in 2007, 0.91 acre lot. Exterior Features: Deck/Patio, Security Lighting.

This property is listed by RYAN GORDON and can be reached at 9062821644 or ryangordon@live.com.

RG

RYAN GORDON

Agent at STEPHENS REAL ESTATE

(906) 282-1644

Listed by STEPHENS REAL ESTATE

MLS# 50134908· Source: listhub· Updated 1341 days ago

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

695 US2 Highway, Florence, WI 54121

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