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Turnkey Coffee Shop and Restaurant
For Sale
$1,999,900

10420 Water St, Ephraim, WI 54211

Commercial Sale, Ephraim, WI

Property Size3,028 SF
Lot Size1.54 Acres
Price / SF$660.47
Days on Market320

Property Features for 10420 Water St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial North (CN)
Elementary school district Gibraltar
Middle school district Gibraltar
High school district Gibraltar
Subdivision 04-Ephraim
Standard status Active
Size 3,028 SF
Lot size 1.54 Acres

Taxes and HOA fees

Tax Annual Amount 4644

Amenities

bonus room

Building Details

Year built 1970
Listing Agency: Kellstrom-Ray Agency, Inc
Listed By: Heather Collins · License #90-50073
Added: Oct 7, 2025 Changed: Aug 19 Last Checked: Aug 22 at 3:06PM
MLS# 144627

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.

Located at 10420 Water St in Ephraim, WI, this turnkey coffee house, bakery, and restaurant is offered for sale with equipment and operating setup in place. The property includes a main dining/serving area along with a versatile bonus room above the restaurant that can support additional office or storage needs. Recent improvements include new flooring, fresh paint, upgraded bathrooms, and a brand new paver patio.

Commercial North (CN) zoning supports ongoing restaurant use as configured. The site provides plenty of paved parking and benefits from an excellent, highly visible presence.

With a combination of updated interior finishes and exterior improvements, the space is positioned for immediate ownership and continued operation as a ready-to-run food and beverage business.

Key Highlights

  • Turnkey coffee house, bakery, and restaurant ready for immediate ownership.
  • Prime, highly visible location with ample paved parking.
  • Numerous recent upgrades and improvements including flooring, paint, bathrooms, and a paver patio.

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Daycare Center Restaurant Fish Market Food Market

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby
951
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Associated Bank Shops & Services
951 visits/mo 0.2 miles

Demographics for 54211, WI

332
Population
576
Households
0.6
Avg Household Size
61
Median Age
81%
College-Educated
100%
High-School Grad
3.6 sq mi
ZIP Area
92
Density / Sq Mi
$79,896
Median Household Income
$51,176
Median Earnings
$958
Median Rent
$465,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sip 10326 N Water St, Ephraim, WI 54234

Frequently Asked Questions

What type of property is this?
Coffee shop - Turnkey coffee, bakery, and restaurant with paved parking and a second-level bonus room in Commercial North zoning.
Where is this coffee shop located?
The property is located at 10420 Water St Ephraim, WI.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: Turnkey coffee house, bakery, and restaurant ready for immediate ownership.; Prime, highly visible location with ample paved parking.; Numerous recent upgrades and improvements including flooring, paint, bathrooms, and a paver patio.
More about this property
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