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Mixed-Use Building with Restaurant
For Sale
$289,000

301 Ellis St, Kewaunee, WI 54216

Inland-Multi-Family, Two, Kewaunee, WI

Property Size4,645 SF
Price / SF$62.22
Days on Market30

Property Features for 301 Ellis St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning GC (General Commercial)
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2
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

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1963
Number of units 2
Architectural style Other
Listing Agency: ERA Starr Realty · ERA Real Estate
Listed By: Greta Meleen · License #9495810
Added: Aug 5 Changed: Aug 19 Last Checked: Sep 3 at 6:06AM
MLS# 147702

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 at 301 Ellis St in Kewaunee includes a restaurant on the main level with a fully equipped kitchen, along with two apartments upstairs. The residential component consists of one studio and one two-bedroom unit, offering additional occupancy options within the building. The property contains 4,645 square feet and was built in 1963.

Located in downtown Kewaunee, the building is zoned GC (General Commercial) and includes natural gas and forced-air heating with central air conditioning. The layout combines restaurant functionality with residential space in a single asset.

Key Highlights

  • Mixed‑use property with restaurant and residential components
  • 4,645 square feet on two levels
  • Fully equipped restaurant kitchen

Property Analytics

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

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 operations and two upper-level apartments create a combined commercial and residential property.
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 $289,000.
What are key features of this property?
This property features: Mixed‑use property with restaurant and residential components; 4,645 square feet on two levels; Fully equipped restaurant kitchen
More about this property
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