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    2029 Old Peshtigo Rd Marinette, WI 54143

    For Sale
    $1,750,000

    Turnkey Restaurant & Brewery, 10,752 sq ft

    Property size:
    10,752 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property presents a unique investment opportunity in Marinette, WI. Spanning 10,752 square feet on a 1.59-acre lot, this well-established business boasts a rich history, having operated successfully for over 25 years. The restaurant features a substantial seating capacity of 227, providing ample space for patrons. A significant highlight is the German-built bar, a historical element dating back to 1903, adding character and charm to the establishment. The on-site brewery, constructed in 2018, utilizes a steam system capable of producing approximately 1,500 barrels annually. Extensive cold storage is available, including a walk-in cooler for beer, an outdoor keg cooler, a walk-in freezer, and a large walk-in cooler for food storage. The sale includes all existing inventory, furniture, kitchen equipment, beer labels, recipes, and trademarks, ensuring a seamless transition for the new owner. This turnkey operation offers immense potential for continued success and expansion. The property comprises two parcels: #251-00599.003 within the City of Marinette and #024-00997.001 in the Town of Peshtigo. Priced at $1,750,000, this is a rare chance to acquire a thriving, multifaceted business with significant assets and established brand recognition.

    Property Features for 2029 Old Peshtigo Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,752 SF
    Lot Size
    69,260 SF

    Building Details

    Year Built
    1997
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marinette
    County
    MARINETTE
    State
    Wisconsin
    Longitude
    -87.65437
    Latitude
    45.08516

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Restaurant & Brewery, 10,752 sq ft
    Where is this commercial real estate located?
    The property is located at 2029 Old Peshtigo Rd Marinette, WI.
    What is the asking price?
    The asking price for this property is $1,750,000.
    (906) 863-4484
    Request Owner's contact information
    2029 Old Peshtigo Rd Marinette, WI 54143
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    Marinette, WI 54143
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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

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    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
    2029 Old Peshtigo Rd Marinette, WI 54143
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