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    200 N 2Nd St Watertown, WI 53094

    For Sale
    $699,900

    Renovated restaurant with living space and historical significance.

    Property size:
    2,684 SF
    Lot size:
    0.12 Acres

    Property Features for 200 N 2Nd St

    General Information

    Size
    2,684 SF
    Lot size
    0.12 Acres

    Source: Oconomowoc Realty, LLC Agent Michael Herro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant with Historical Charm

    This property presents a turnkey opportunity for supper club enthusiasts to continue a rich legacy. The site, brimming with historical charm, has been recently renovated to include a brand-new kitchen and updated utilities. The main level features a classic restaurant space with decorative features in both the bar and dining area. The upper level includes a 3-bedroom, 1.5 bath dwelling space. A large basement provides ample storage. The site, with a total property size of 2684 square feet, has housed three well-known restaurants and bars since it first opened in 1935, the most recent being The Elias Inn, a supper club renowned for their relish tray and Friday fish fry, and featured in the Wisconsin Supper Club book. This unique spot is located in Watertown, WI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Watertown Glass Services Auto Glass Shop Tire Rifik Tire Shop The Elias Inn Supper ... Restaurant

    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
    Watertown
    County
    Dodge
    State
    Wisconsin
    Longitude
    -88.7230965
    Latitude
    43.1951454

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    FAQs

    What type of property is this?
    Restaurant - Renovated restaurant with living space and historical significance.
    Where is this restaurant located?
    The property is located at 200 N 2Nd St Watertown, WI.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Turnkey supper club opportunity with a rich historical legacy.; - Recently renovated with a brand-new kitchen and updated utilities.; - Includes a classic restaurant space with decorative features.
    (262) 490-3611
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    200 N 2Nd St Watertown, WI 53094
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    Watertown, WI 53094
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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

    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
    200 N 2Nd St Watertown, WI 53094
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