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Restaurant and Bar with Banquet Space

105 W State St, Westby, WI 54667

For Sale
$500,000

Equipped dining and bar areas are complemented by an upper-level event room and full basement.

Property Size6,500 SF
Price / SF$76.92
Days on Market82

Property Features for 105 W State St

General Information

Standard status Active
Size 6,500 SF
Property subtype Commercial
Zoning Commercial

Restaurant

Seating Capacity 78
Equipment Included Yes

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $1,945

Building Details

Building Size 6,500 SF
Year Built 1930
Buildings 1
Listing Agency: Castle Realty, LLC
Listed By: Alan Iverson · License #5579990
Source: Esorgroup
Added: Aug 20 Changed: Nov 7 Last Checked: Nov 8 at 4:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Castle Realty, LLC

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Investment Insights

Based on property information with market context.

Built in 1930, this 6,500-square-foot restaurant property in Westby includes a main-floor dining room and bar with seating for 78. Kitchen and bar equipment are included, along with a full basement and an upper-level banquet area. Conversion of the upper floor to apartments may be possible subject to approvals.

Recent work includes a new roof, a 2024 HVAC unit, updated electrical and plumbing, replacement windows, refinished original hardwood flooring, and exterior facade restoration. The property is described as an established gastropub in Wisconsin’s Driftless Region, with a farm-to-table menu and a following among local residents and visitors. Seller training may be available.

Key Highlights

  • 6,500‑square‑foot restaurant property built in 1930
  • Main‑level restaurant and bar seating 78; kitchen and bar equipment included
  • Upper‑level banquet area; apartment conversion may be possible subject to approvals

Property Analytics

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Open Analytics

Current Use

KOS Restaurant

Suggested Use

Top Pick HVAC Service Plumbing Service Grocery & Convenience Store Furniture & Home Goods Pharmacy (Bike/Boat/Book/etc) Store

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

230
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Home Improvements & Furnishings 30% Dining 24%
Cenex Shops & Services
3,518 visits/mo 0.2 miles
Westby Ace Hardware Home Improvements & Furnishings
2,271 visits/mo 0.2 miles
SUBWAY Dining
1,874 visits/mo 0.1 miles

Demographics for 54667, WI

4,870
Population
2,085
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
89.0 sq mi
ZIP Area
55
Density / Sq Mi
$71,687
Median Household Income
$47,530
Median Earnings
$872
Median Rent
$209,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Equipped dining and bar areas are complemented by an upper-level event room and full basement.
Where is this conventional restaurant located?
The property is located at 105 W State St Westby, WI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 6,500‑square‑foot restaurant property built in 1930; Main‑level restaurant and bar seating 78; kitchen and bar equipment included; Upper‑level banquet area; apartment conversion may be possible subject to approvals
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