Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3401 E Evergreen Dr Appleton, WI 54913

    For Sale
    $2,800,000

    Turn-key restaurant with proven sales volume for over 10 years.

    Property size:
    5,544 SF
    Lot size:
    1.59 Acres

    Property Features for 3401 E Evergreen Dr

    General Information

    Size
    5,544 SF
    Lot size
    1.59 Acres

    Source: NAI Pfefferle Agent Elizabeth Ringgold

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

    Overview

    Turn-Key Restaurant in Appleton, WI

    This 5,544 SF turn-key restaurant in Appleton, WI, presents an excellent long-term investment opportunity. The property, a prime restaurant with a history of proven sales volume spanning over 10 years in Wisconsin, is situated on over 1.5 acres at 3401 E Evergreen Drive in the rapidly growing north Appleton corridor. Its location is less than 1 mile from Interstate 41 and the 441 Tri-County Expressway. Known as a local favorite, the restaurant features a vibrant and festive atmosphere and serves traditional Mexican cuisine. The large restaurant property includes a full bar, a spacious dining area, an exceptional kitchen, and a patio. With a seating capacity of 180 inside and 44 outside on the patio, the property also offers spacious parking with 62 stalls. Its location is in the heart of business, residential, and youth sports parks, making it an exceptional opportunity for the next restauranteur.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jaripeo Mexican Grill/Appleton Mexican Restaurant Jaripeo Mexican Grill Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.3585425
    Latitude
    44.3011227

    Nearby Similar for Sale

    • $225,000
      2,890 SF

      Appleton Office & Warehouse Space

      Versatile office and warehouse space suitable for various business uses.
      415 W Wisconsin Ave, Appleton, WI 54911
      View Details
    • $450,000
      2,806 SF

      Turn-Key Appleton Duplex For Sale

      Updated duplex in North Appleton, generating $3,495 monthly income.
      701 E Longview Dr, Appleton, WI 54911
      View Details
    • $299,900
      2,400 SF

      Downtown Appleton Commercial Property For Sale

      Commercial property in downtown Appleton, WI, with parking and handicap access.
      222 S State St, Appleton, WI 54911
      View Details
    • Contact for pricing
      6,000 SF

      Appleton Flex Space For Lease

      1,800 SF flex space with I-41 visibility available now.
      1280 S Van Dyke Rd, Appleton, WI 54914
      View Details
    • Contact for pricing
      115,776 SF

      Move-in Ready Appleton Office Space

      Three-story office building with parking near Lawrence University.
      1111 South River St, Appleton, WI 54915
      View Details
    • $229,000
      4,401 SF

      Appleton Duplex with Flexible Layout

      Upper/lower duplex with conversion potential near schools and shopping.
      716 W Bell Ave, Appleton, WI 54914
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant with proven sales volume for over 10 years.
    Where is this restaurant located?
    The property is located at 3401 E Evergreen Dr Appleton, WI.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Turn-key restaurant with proven sales volume for over 10 years.; - Prime location on over 1.5 acres in rapidly growing north Appleton corridor, less than 1 mile from Interstate 41 and the 441 Tri-County Expressway.; - Large restaurant property of 5,544 SF with **full bar, large dining space, exceptional kitchen, and beautiful patio**.
    (920) 968-4700
    Request Owner's contact information
    3401 E Evergreen Dr Appleton, WI 54913
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3401 E Evergreen Dr
    Appleton, WI 54913
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3401 E Evergreen Dr Appleton, WI 54913
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.