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Supper Club Restaurant with Patio

118 MERCHANT ROW, Milton, WI 53563

For Sale
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The property combines restaurant operations with two upstairs apartments that provide rental income.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market11

Property Features for 118 MERCHANT ROW

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Land, Business for Sale

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Business Included Yes
Patio Yes
Multifamily Units 2

Amenities

banquet space
Listing Agency: Janesville-First Weber Group
Listed By: Candie Bonson · License WI #69087
Source: Crexi
Added: Oct 31 Changed: Nov 8 Last Checked: Nov 8 at 5:56PM

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 Janesville-First Weber Group

Rey
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Investment Insights

Based on property information with market context.

This Southern Wisconsin restaurant offering includes the operating business and two real estate parcels totaling approximately 0.14 acre. The main level has dining and bar areas, complemented by a banquet room on the lower level. A fenced patio with an outdoor bar adds a seasonal service area. Two apartments occupy the upper floor and provide an additional rental-income component alongside the restaurant business.

A manager and cook are in place, and the owners do not handle day-to-day operations. Kitchen equipment includes a walk-in cooler with a compressor approximately one year old, a newer ice maker, and a Clover point-of-sale system. The property is located in Milton, Wisconsin.

Key Highlights

  • Restaurant business and two real estate parcels totaling approximately 0.14 acre
  • Two upstairs apartments provide rental income
  • Main‑level dining and bar areas, plus a lower‑level banquet room

Property Analytics

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Current Use

Fredrick's Supper Club Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Dental Office Plumbing Service (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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53563, WI

11,503
Population
4,672
Households
2.5
Avg Household Size
42
Median Age
31%
College-Educated
96%
High-School Grad
67.0 sq mi
ZIP Area
172
Density / Sq Mi
$89,397
Median Household Income
$47,742
Median Earnings
$972
Median Rent
$270,800
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property combines restaurant operations with two upstairs apartments that provide rental income.
Where is this conventional restaurant located?
The property is located at 118 MERCHANT ROW Milton, WI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Restaurant business and two real estate parcels totaling approximately 0.14 acre; Two upstairs apartments provide rental income; Main‑level dining and bar areas, plus a lower‑level banquet room
(608) 758-9779 · Office Call to check price and availability
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