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    400 Railroad St New Glarus, WI 53574

    For Sale
    $522,000

    Restaurant/Supper Club,Motel/Hotel/Bed & Brkfst,Apartment building

    Type:Apartment
    Days on Market:
    8
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 400 Railroad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    Commercial
    APN
    161-0082.4000
    Interior features
    Overhead doors

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1873
    Floors in Building
    2
    Number of units
    2
    Roof type
    Metal
    Architectural style
    Other

    Havenwood Realty LLC (608) 322-2360 [email protected]

    Listing agent Tracy Howard (608) 322-2360

    Listing date Nov 28, 2025

    MLS# 2010907 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building in Prime Location

    This charming, historic building is situated in a prime location and currently operates as a popular seasonal restaurant and ice cream shop. The second level features a one-bedroom, one-bathroom Airbnb unit. The property could be converted to office or retail space with an apartment above. All equipment and furnishings are included, with exceptions as listed. This turnkey business opportunity offers growth potential. The property consists of three separate tax parcels being sold together. It could also function as a motel, hotel, or bed and breakfast. The intended use of the property is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kennedy's Ice Cream ... Ice Cream Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Glarus
    County
    Green
    State
    Wisconsin
    Longitude
    -89.632819
    Latitude
    42.816204

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    FAQs

    What type of property is this?
    Restaurant - Charming building with business and residential potential in New Glarus.
    Where is this restaurant located?
    The property is located at 400 Railroad St New Glarus, WI.
    What is the asking price?
    The asking price for this property is $522,000.
    What are key features of this property?
    This property features: - Prime location with high visibility and foot traffic.; - Turnkey business opportunity: Includes all equipment and furnishings.; - Two income streams: Operating restaurant/ice cream shop and 1BR/1BA Airbnb.
    (608) 322-2360
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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
    400 Railroad St New Glarus, WI 53574
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