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    301 Ellis St Kewaunee, WI 54216

    For Sale
    $315,000

    Commercial - Kewaunee, WI

    Property size:
    4,645 SF
    Days on Market:
    24
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 301 Ellis St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GC (General Commercial)
    Parking features
    On Street
    Size
    4,645 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1963
    Architectural style
    Other

    ERA Starr Realty (800) 661-8555 [email protected]

    Listing agent Greta Meleen (800) 661-8555

    Listing date Nov 12, 2025

    MLS# 143785 Listing URL

    Copyright © 2025 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.

    Overview

    Turnkey Restaurant with Apartments

    This property presents an opportunity to own a turnkey restaurant in a high-traffic downtown location. The well-established business features a cozy ambiance and a fully equipped kitchen. The restaurant has a proven track record of profitability and a solid reputation. The second level contains additional apartments, including one studio and one 2-bedroom unit, offering another revenue stream or on-site owner living quarters. The property is situated in a vibrant area with ample foot traffic. The building is zoned GC (General Commercial) and has a size of 4645 square feet. The lot size is 0 acres. The property is located in Kewaunee, WI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anchor Down Family ... Family Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kewaunee
    County
    Kewaunee
    State
    Wisconsin
    Longitude
    -87.50366
    Latitude
    44.458557

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    FAQs

    What type of property is this?
    Restaurant - Successful restaurant with apartments in high-traffic downtown location.
    Where is this restaurant located?
    The property is located at 301 Ellis St Kewaunee, WI.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Turnkey, profitable restaurant business with a loyal customer base.; - High-traffic downtown location in Kewaunee.; - Additional revenue stream from two apartments (studio and 2-bedroom) on the second level.
    (800) 661-8555
    Request Owner's contact information
    301 Ellis St Kewaunee, WI 54216
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    Kewaunee, WI 54216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Ellis St Kewaunee, WI 54216
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