Conventional Restaurant

Elkhorn, WI Conventional Restaurants for Sale

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Restaurant and Banquet Redevelopment
Updated: Jun 24
Restaurant and Banquet Redevelopment

720 N Wisconsin St, Elkhorn, WI 53121

$1,567,000
13,702 sqft 3.57 AC lot
13,702 sq ft commercial building on 3.57 acres in Elkhorn, WI
Former Sperino’s restaurant and banquet hall with bar, dining room, and 350‑person banquet space
Separate entrance for the banquet space
B‑2 zoning; located on high‑traffic Hwy 67 near Hwy 12
197 parking spaces and a partial basement
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Restaurant Storefront with Walk-Up Service
Updated: May 11
Restaurant Storefront with Walk-Up Service

30 S Wisconsin St, Elkhorn, WI 53121

$130,000
648 sqft
Conventional commercial storefront in the heart of Elkhorn, previously operated as a pizza shop
Includes a full kitchen setup for food service concepts
Features a walk‑up/dining area
For sale as‑is
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elkhorn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turn-Key Bar and Restaurant
Turn-Key Bar and Restaurant

1637 E Racine Street, Janesville, WI 53546

$550,000
3,697 sqft 0.38 AC lot

Turn-key bar and restaurant with recently updated building and mostly new appliances.

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Turn-Key Bar and Restaurant
Turn-Key Bar and Restaurant

1637 E Racine, Janesville, WI 53546

$550,000
3,697 sqft

Turn-key bar and restaurant offering new appliances and recent building updates, ready for operation.

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Restaurant and Laundromat Property
Restaurant and Laundromat Property

16-18 Front Street, Milton, WI 53563

$749,900
3,040 sqft

Turnkey commercial property combining an equipped pizza restaurant and fully operational laundromat.

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Turnkey Pizza Restaurant Business
Turnkey Pizza Restaurant Business

16 Front St, Milton, WI 53563

$279,900

Turnkey pizza restaurant business for sale with commercial ovens, TOAST POS, and fully equipped prep and kitchen areas.

View details

Elkhorn, WI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Elkhorn, WI on our real estate platform. These investment opportunities span a total of 14,350 square feet of properties for sale, with an estimated market value of $1,697,000.

Sale prices for conventional restaurants in Elkhorn, WI start at $130,000, averaging $848,500, and reaching up to $1,567,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 2

Demographics Overview

Population 19K
Population Growth (5Y) -0.4%
Median Household Income $83,635
College Educated 41.6%

High-Yield Neighborhoods for Investment

Identify Elkhorn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53121 $1.6M

Taxes & Financing

Tax Rate (average for all types) 1.53%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Walworth County

New Delisted

Total CRE Inventory on Market (SF)

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