Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    711 Racine St Jefferson, WI 53549

    Sponsored
    For Sale
    $600,000

    Established Bar & Restaurant with Rental Units

    Property size:
    9,379 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 711 W Racine Street, Jefferson, WI, presents a unique investment opportunity. Spanning 9,379 square feet on a 0.55-acre lot, this well-established bar and restaurant is ready for a new owner. The main floor features a fully operational bar and restaurant area, perfect for continuing the existing business or implementing new concepts. A significant asset is the large banquet room, complete with an additional bar, ideal for generating rental income from private events and functions. Adding to the revenue potential, the second floor comprises two separate two-bedroom, one-bathroom rental units, providing a consistent stream of passive income. The property is located in the close-knit community of Jefferson, WI, benefiting from established clientele and local support. The sale includes a second parcel number: 241-0614-0344-021. This turn-key operation offers immediate income streams and significant upside potential for a savvy investor. The current owner is retiring, presenting a rare chance to acquire a well-regarded and profitable business. The property's size and diverse revenue streams make it an attractive investment for those seeking a high-return opportunity in a thriving community. Serious inquiries are encouraged to explore this exceptional offering.

    Property Features for 711 Racine St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,379 SF
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1971
    Property Profile Location Intelligence

    Current Use by Public Records

    Fairview Sports Bar ... Bar & Grill Jefferson County AgriBusiness ... Local Government Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson
    County
    JEFFERSON
    State
    Wisconsin
    Longitude
    -88.81997
    Latitude
    43.00614

    Nearby Comparable

    • $799,000
      7,861 SF

      Jefferson Retail Gem: Prime Location

      Historic building, 7,861 sq ft, mixed-use zoning.
      200 Milwaukee St, Jefferson, WI 53549
      View Details
    • $695,000
      14,580 SF

      Jefferson Warehouse with Bridge Cranes

      Industrial building featuring oversized drive-through bays and bridge cranes.
      739 S Main St, Jefferson, WI 53549
      View Details
    • $695,000
      14,580 SF

      Jefferson Industrial Manufacturing Facility

      Fully Leased Industrial Building, 14,580 SF
      739 Main St, Jefferson, WI 53549
      View Details
    • $595,000
      1,950 SF

      Iconic Jefferson Drive-In Theater

      Turn-key business, 11 acres, highway location.
      W6423 Hwy, Jefferson, WI 53549
      View Details
    • $2,200,000
      35,850 SF

      Industrial Facility with Outdoor Storage

      Industrial facility on 6.55 acres with ample outdoor storage.
      761 N Parkway St, Jefferson, WI 53549
      View Details
    • $1,100,000
      12,000 SF

      Jefferson Industrial Property - Hwy 26 Access

      Spacious industrial building with office space, great highway access.
      860 Parkway St, Jefferson, WI 53549
      View Details
    • $1,299,500
      10,176 SF

      Industrial Property with Storage Yard

      Two buildings with high-end finishes, drive-in doors, and storage.
      1521 Industrial Ave, Jefferson, WI 53549
      View Details
    • $450,000
      3,700 SF

      Jefferson, WI Sports/Entertainment Venue

      Prime Highway Location, 3700 SF, $450K
      W6315 Us-18, Jefferson, WI 53549
      View Details
    • $395,000

      Bar/Restaurant on Major Highway

      Bar/restaurant between Madison & Milwaukee with potential.
      W6315 Us Highway 18, Jefferson, WI 53549
      View Details
    • $595,000
      1,950 SF

      W6423 Us Highway 18, Jefferson, WI 53549

      Commercial real estate • 1,950 SF
      W6423 Us Highway 18, Jefferson, WI 53549
      View Details
    • $449,000

      Retail Opportunity in Fort Atkinson

      High-visibility retail space on a main road into downtown.
      313 Madison Ave, Fort Atkinson, WI 53538
      View Details

    Nearby Similar for Sale

    • $395,000

      Bar/Restaurant on Major Highway

      Bar/restaurant between Madison & Milwaukee with potential.
      W6315 Us Highway 18, Jefferson, WI 53549
      View Details
    • $1,299,500
      10,176 SF

      Industrial Property with Storage Yard

      Two buildings with high-end finishes, drive-in doors, and storage.
      1521 Industrial Ave, Jefferson, WI 53549
      View Details
    • $2,200,000
      35,850 SF

      Industrial Facility with Outdoor Storage

      Industrial facility on 6.55 acres with ample outdoor storage.
      761 N Parkway St, Jefferson, WI 53549
      View Details
    • $695,000
      14,580 SF

      Jefferson Warehouse with Bridge Cranes

      Industrial building featuring oversized drive-through bays and bridge cranes.
      739 S Main St, Jefferson, WI 53549
      View Details
    • $595,000
      1,950 SF

      Iconic Jefferson Drive-In Theater

      Turn-key business, 11 acres, highway location.
      W6423 Hwy, Jefferson, WI 53549
      View Details
    • $1,100,000
      12,000 SF

      Jefferson Industrial Property - Hwy 26 Access

      Spacious industrial building with office space, great highway access.
      860 Parkway St, Jefferson, WI 53549
      View Details
    • $695,000
      14,580 SF

      Jefferson Industrial Manufacturing Facility

      Fully Leased Industrial Building, 14,580 SF
      739 Main St, Jefferson, WI 53549
      View Details
    • $799,000
      7,861 SF

      Jefferson Retail Gem: Prime Location

      Historic building, 7,861 sq ft, mixed-use zoning.
      200 Milwaukee St, Jefferson, WI 53549
      View Details
    • $450,000
      3,700 SF

      Jefferson, WI Sports/Entertainment Venue

      Prime Highway Location, 3700 SF, $450K
      W6315 Us-18, Jefferson, WI 53549
      View Details
    • $595,000
      1,950 SF

      W6423 Us Highway 18, Jefferson, WI 53549

      Commercial real estate • 1,950 SF
      W6423 Us Highway 18, Jefferson, WI 53549
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established Bar & Restaurant with Rental Units
    Where is this commercial real estate located?
    The property is located at 711 Racine St Jefferson, WI.
    What is the asking price?
    The asking price for this property is $600,000.
    (920) 699-9210
    Request Owner's contact information
    711 Racine St Jefferson, WI 53549
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    711 Racine St
    Jefferson, WI 53549
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    711 Racine St Jefferson, WI 53549
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.