Conventional Restaurant

New Berlin, WI Conventional Restaurants for Sale

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Turnkey Restaurant with Outdoor Deck
Updated: Aug 27
Turnkey Restaurant with Outdoor Deck

17001 W Greenfield Ave, New Berlin, WI 53151

$795,000
1,615 sqft 0.64 AC lot
50–60 interior seats plus bar area and seating for 25 on the outdoor deck
Montague Cooking Suite, kitchen equipment, tables, chairs, and POS system included
Beer/liquor license included with the sale
Full basement with walk‑in cooler, second prep kitchen, and storage
22 parking spaces plus additional alley parking
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Applebee’s–IHOP Dual-Brand Restaurant
Updated: Jul 29
Applebee’s–IHOP Dual-Brand Restaurant

15505 Rock Ridge Road, New Berlin, WI 53151

Contact for pricing
4,775 sqft
4,775‑square‑foot restaurant property
Scheduled Applebee’s–IHOP dual‑branded conversion
20‑year absolute‑net sale leaseback structure
Built in 1990
15505 Rock Ridge Road, New Berlin, WI 53151
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in New Berlin, 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.

Restaurant with Event Hall
Restaurant with Event Hall

S76w17745 Janesville Rd, Muskego, WI 53150

$1,300,000
12,009 sqft

Remodeled hospitality property with dual bar service, a shared commercial kitchen, and an on-site apartment.

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Furnished Restaurant Building
Furnished Restaurant Building

627 E Main St, Waukesha, WI 53186

$725,000
2,200 sqft 1.00 AC lot

Furnished commercial space includes patio service windows and on-site parking.

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Wendy’s Drive-Through Restaurant
Wendy’s Drive-Through Restaurant

2050 Silvernail Road, Waukesha, WI 53186

$1,740,000
3,900 sqft

Wendy’s occupies a freestanding building with a 9.5-year NNN ground lease at Silvernail Plaza.

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Turnkey Restaurant and Event Venue
Turnkey Restaurant and Event Venue

S76W17745 Janesville Rd, Muskego, WI 53150

Contact for pricing
12,009 sqft

Recently remodeled property includes a fully equipped restaurant, event hall with stage, and a 2BR/1BA apartment.

View details

New Berlin, WI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in New Berlin, WI on our real estate platform. These investment opportunities span a total of 6,390 square feet of properties for sale, with an estimated market value of $795,000.

Sale prices for conventional restaurants in New Berlin, WI average $795,000 — 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

Conventional restaurants 2
Bars & Pubs 1
Breakfast & diners 1
Coffee shops 1
Commercial kitchens 1

Demographics Overview

Population 78K
Population Growth (5Y) -2.3%
Median Household Income $86,207
College Educated 51.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
53151 $795K

Taxes & Financing

Tax Rate (average for all types) 1.54%
Property Tax per SF $22.66 per SF
Tax Rate vs County Average 0.28 pp above county avg
Average Loan-to-Value 65.0%

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