Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4899 County Rd EE Appleton, WI

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Iconic supper club with living space on 2.75 acres.

    Type:RETAIL
    Property size:
    5,600 SF
    Lot size:
    2.75 Acres
    Added:
    Aug 25, 2025
    Days on Market:
    221
    Last Refresh:
    Mar 29 at 11:26 pm

    Property Features for 4899 County Rd EE

    General Information

    Standard status
    Active
    Size
    5,600 SF
    Lot size
    2.75 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Keith Sippel
    Keith Sippel

    Listing agent Keith Sippel License #9042588

    Listing office CENTURY 21 Affiliated

    Listing date Aug 25, 2025

    Source Moodyscre

    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 CENTURY 21 Affiliated

    Overview

    Fox Valley Supper Club Opportunity

    This 5,600 square foot two-story building, a Fox Valley icon since 1955, is situated on 2.75 acres at the well-known Five Corners. The property includes seating for 134 across a full bar and two dining rooms, along with a 4-bedroom apartment upstairs. Additional features include a livery stable, a full basement, and ample parking. Located just 8 miles from I-41, this property presents an opportunity to continue the supper club tradition or introduce a new concept.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom Bar & Pub Grocery & Convenience Store Electrical Service Furniture & Home Goods Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.3745
    Latitude
    44.4143

    Nearby Similar for Sale

    • $534,900
      3,484 SF

      Appleton Duplex: Fully Rented

      Fully rented duplex in Appleton, ideal for owner occupancy.
      2119 N CLOUDVIEW Drive, APPLETON, WI 54914
      View Details
    • $450,000
      2,806 SF

      Turn-key Appleton Duplex For Sale

      North Appleton duplex with recent updates, ideal for investors.
      701 E LONGVIEW Drive, APPLETON, WI 54911
      View Details
    • $450,000
      2,908 SF

      Appleton Duplex Investment Opportunity

      Desirable side-by-side duplex near shopping and restaurants.
      68 VALERIE Drive, APPLETON, WI 54915
      View Details
    • $575,000
      3,340 SF

      Updated Duplex Near Fox Valley

      Updated duplex near Fox Valley Tech with convenient highway access.
      2117 CLOUDVIEW Court, APPLETON, WI 54914
      View Details
    • $289,900
      2,036 SF

      Appleton Duplex in Grand Chute

      Well-maintained duplex near amenities, ideal for owners or investors.
      2747 W 8TH Street, APPLETON, WI 54914-4225
      View Details
    • $255,000
      1,937 SF

      Well-Maintained Duplex in Appleton, WI

      Duplex near hospital, great investment or owner-occupant opportunity.
      415 E MAPLE Street, APPLETON, WI 54915
      View Details
    • $274,900
      1,728 SF

      Appleton Duplex: Investment Opportunity

      Side-by-side duplex in desirable rental area. Great investment property!
      2325 N BALLARD Road, APPLETON, WI 54911
      View Details
    • $199,000
      1,461 SF

      Appleton Duplex: Investment Opportunity

      Two-unit duplex in North Appleton, ideal for investors or owner-occupiers.
      823 W OKLAHOMA Street, APPLETON, WI 54914
      View Details
    • $295,000
      2,244 SF

      Appleton Multi-Family Property Near Downtown

      Two-story duplex near downtown Appleton with two-car garages.
      221 E WINNEBAGO Street, APPLETON, WI 54911-4967
      View Details
    • $10,500,000
      525 SF

      Downtown Appleton Office/Retail Space

      Class A office/retail space in downtown Appleton with high visibility.
      100 W Lawrence St, Appleton, WI
      View Details
    • $279,900
      1,742 SF

      Appleton Duplex in Convenient Location

      Well-maintained duplex in Appleton, close to amenities.
      1531 N BIRCHWOOD Avenue, APPLETON, WI 54914
      View Details
    • $2,850,000
      14,812 SF

      Fully Leased Appleton Retail Investment

      100% leased retail property in thriving Appleton market.
      2400 S Kensington Dr, Appleton, WI
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Iconic supper club with living space on 2.75 acres.
    Where is this conventional restaurant located?
    The property is located at 4899 County Rd EE Appleton, WI.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: Prime location at the well‑known Five Corners, only 8 miles from I‑41.; **5,600 sq ft two‑story building with seating for 134.**; Includes a 4‑bedroom apartment upstairs.
    (920) 707-0175 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Keith Sippel
    Keith Sippel
    Real Estate License ID: 9042588
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!