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Mixed-Use Restaurant Property
For Sale
$259,900

301 Ellis St, Kewaunee, WI 54216

Commercial Sale, Kewaunee, WI

Property Size4,645 SF
Price / SF$55.95
Days on Market522

Property Features for 301 Ellis St

General Information

Property type Commercial Sale
Property subtype Other
Zoning GC (General Commercial)
Elementary school district Kewaunee
Middle school district Kewaunee
High school district Kewaunee
Subdivision 26-Kewaunee
Standard status Active
Size 4,645 SF

Taxes and HOA fees

Tax Annual Amount 5867

Building Details

Year built 1963
Listing Agency: ERA Starr Realty · ERA Real Estate
Listed By: Greta Meleen · License #9495810
Added: Apr 11, 2025 Changed: Aug 28 Last Checked: Sep 14 at 6:06PM
MLS# 143785

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.

This mixed-use property combines a restaurant with second-floor residential space within a 4,645-square-foot building constructed in 1963. The commercial component includes a fully equipped kitchen, while the upper level contains one studio apartment and one two-bedroom apartment. The residential units can support additional rental use or on-site living, as permitted.

The property is located at 301 Ellis St in Kewaunee, Wisconsin, and carries GC (General Commercial) zoning. Its configuration brings together food-service operations and residential accommodations in one building, offering a clear separation between the commercial and apartment areas.

Key Highlights

  • 4,645‑square‑foot mixed‑use building
  • Restaurant space with fully equipped kitchen
  • Second floor includes one studio and one 2‑bedroom apartment

Property Analytics

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Current Use

Anchor Down Family ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Law Firm Hair Salon Grocery & Convenience Store Storage Facility

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 54216, WI

6,164
Population
3,030
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
93%
High-School Grad
107.3 sq mi
ZIP Area
57
Density / Sq Mi
$81,650
Median Household Income
$45,552
Median Earnings
$776
Median Rent
$173,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant space with a fully equipped kitchen and two residential units above.
Where is this mixed-use property located?
The property is located at 301 Ellis St Kewaunee, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 4,645‑square‑foot mixed‑use building; Restaurant space with fully equipped kitchen; Second floor includes one studio and one 2‑bedroom apartment
More about this property
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