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Restaurant with Bonus Room
For Sale
$1,999,900

10420 Water St, Ephraim, WI 54211

Commercial Sale, Ephraim, WI

Property Size3,028 SF
Lot Size1.54 Acres
Price / SF$660.47
Days on Market343

Property Features for 10420 Water St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial North (CN)
Elementary school district Gibraltar
Middle school district Gibraltar
High school district Gibraltar
Subdivision 04-Ephraim
Standard status Active
Size 3,028 SF
Lot size 1.54 Acres

Taxes and HOA fees

Tax Annual Amount 4644

Amenities

bonus room

Building Details

Year built 1970
Listing Agency: Kellstrom-Ray Agency, Inc
Listed By: Heather Collins · License #90-50073
Added: Oct 7, 2025 Changed: Aug 19 Last Checked: Sep 14 at 3:06PM
MLS# 144627

Copyright © 2026 Door County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Klaud's Kitchen is a coffee house, bakery, and restaurant property encompassing 3,028 square feet on 1.54 acres. The building dates to 1970 and includes a bonus room above the restaurant that can serve as office or storage space. Recent improvements include new flooring, fresh interior paint, updated bathrooms, and a paver patio. The operation is fully equipped, with paved parking on the property.

The site is located at 10420 Water St in Ephraim, Wisconsin, and carries Commercial North (CN) zoning. The offering combines an established food-service operation with a freestanding commercial property and updated customer-facing improvements.

Key Highlights

  • 3,028‑square‑foot restaurant property on 1.54 acres
  • Coffee house, bakery, and restaurant operation under the Klaud's Kitchen name
  • Bonus room above the restaurant for office or storage use

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Daycare Center Restaurant Fish Market Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby
951
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Associated Bank Shops & Services
951 visits/mo 0.2 miles

Demographics for 54211, WI

332
Population
576
Households
0.6
Avg Household Size
61
Median Age
81%
College-Educated
100%
High-School Grad
3.6 sq mi
ZIP Area
92
Density / Sq Mi
$79,896
Median Household Income
$51,176
Median Earnings
$958
Median Rent
$465,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with upgraded bathrooms, new flooring, fresh paint, and a new paver patio.
Where is this conventional restaurant located?
The property is located at 10420 Water St Ephraim, WI.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: 3,028‑square‑foot restaurant property on 1.54 acres; Coffee house, bakery, and restaurant operation under the Klaud's Kitchen name; Bonus room above the restaurant for office or storage use
More about this property
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