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    Twin Lakes, WI
    Conventional Restaurant

    Twin Lakes, WI Conventional Restaurants for Sale

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    Genoa City, WI Spring Grove, IL Richmond, IL Wilmot, WI Burlington, WI Silver Lake, WI Antioch, IL Salem, WI
    Downtown Multi-Tenant Restaurant Building
    Updated: Nov 16, 2025
    Downtown Multi-Tenant Restaurant Building

    405 N Lake Ave, Twin Lakes, WI 53181

    $925,000
    6,200 sqft 0.67 AC lot
    Downtown commercial property built in 1920
    Opportunity to operate 4 businesses with 3 currently occupied and 1 available to lease
    Current leased space income totals $4,500 per month
    One recently renovated space available for $1,500 per month
    Total current potential rent is $6,000 per month
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    This listing looks promising.

    Here's a quick look at some key insights for

    405 N Lake Ave, Twin Lakes, WI 53181

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $79K
      Annual

    • Price @ 7% Cap

      $1.13M
      Above asking

    • Last Sold

      Nov 2019
      $180K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    Four-Unit Mixed-Use Building
    Updated: Nov 16, 2025
    Four-Unit Mixed-Use Building

    405 N Lake Avenue, Twin Lakes, WI 53181

    $925,000
    0.67 AC lot
    Four separate commercial units
    Three of four units currently occupied
    Current tenant uses include a smoke shop, pizzeria, and detail shop
    0.6749‑acre property in Twin Lakes, WI
    COMMR zoning
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Twin Lakes, 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 Restaurant with Outdoor Patio
    Turn-Key Restaurant with Outdoor Patio

    209 Front St, Mchenry, IL 60050

    Contact for pricing
    7,300 sqft

    Turn-key former restaurant featuring a large outdoor patio and included equipment and furniture.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    211 W Grass Lake Road, Lake Villa, IL 60046

    Contact for pricing

    Includes a remodeled upper-level apartment, commercial kitchen, bar area, patio, parking, and basement storage.

    View details
    Mixed-Use Restaurant With Apartment
    Mixed-Use Restaurant With Apartment

    211 W Grass Lake Road, Lake Villa, IL 60046

    Contact for pricing

    Restaurant and bar property with a recently remodeled apartment above the business.

    View details
    Former Restaurant on Route 31
    Former Restaurant on Route 31

    209 Front St, Mchenry, IL 60050

    Contact for pricing
    7,300 sqft

    Turn-key restaurant with patio and high visibility available for sale.

    View details

    Twin Lakes, WI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Twin Lakes, WI on our real estate platform. These investment opportunities span a total of 6,200 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for conventional restaurants in Twin Lakes, WI average $925,000 — 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

    Demographics Overview

    Population 7,873
    Population Growth (5Y) +4.7%
    Median Household Income $93,922
    College Educated 33.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    53181 $925K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $46.85 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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