Two-Story Restaurant with
For Sale
Contact for pricing
Pending
319 S Division St, Stoughton, WI 53589
First-floor restaurant includes built-up commercial kitchen and two walk-in coolers, with a separate second-floor 3-bedroom apartment.
Property SizeContact for details
Days on Market142
Property Features for 319 S Division St
General Information
Standard status
Pending
Property subtype
Retail, Multifamily
Listing Agency:
Tri-River Realty
Listed By:
Yishu Jiang · License #WI 90-57358
Source:
Crexi
Added: Apr 11
Changed: Aug 22
Last Checked: Aug 29 at 5:35PM
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 Tri-River Realty
Investment Insights
Based on property information with market context.
This two-story property is offered for sale as real estate only. The first floor operates as a restaurant and was newly remodeled in 2016, including a complete kitchen build-out from floor to ceiling and front to back. The kitchen includes two walk-in coolers, a wok, stainless steel sinks, and additional equipment. The second floor is a 3-bedroom residential apartment with a spacious living room, a kitchen, and a bathroom.
The current lease runs 10 years up to 6/30/2026 and includes one additional 10-year option. Rent is $1,500 per month through 6/30/2026, covering the first-floor restaurant and the second-floor residential unit, with a 3% annual rent increase if the option is exercised.
The restaurant has been operating successfully since 2016. The seller has relocated out of state and is looking to sell and reinvest.
The current lease runs 10 years up to 6/30/2026 and includes one additional 10-year option. Rent is $1,500 per month through 6/30/2026, covering the first-floor restaurant and the second-floor residential unit, with a 3% annual rent increase if the option is exercised.
The restaurant has been operating successfully since 2016. The seller has relocated out of state and is looking to sell and reinvest.
Key Highlights
- Real estate lease is 10 years ending 6/30/2026, with one additional 10‑year option
- Rent is $1,500 per month through 6/30/2026 for 1st‑floor restaurant plus 2nd‑floor residential unit
- 3% annual rent increases if the 10‑year option is exercised
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53589, WI
19,888
Population
9,014
Households
2.2
Avg Household Size
45
Median Age
40%
College-Educated
96%
High-School Grad
85.0 sq mi
ZIP Area
234
Density / Sq Mi
$93,509
Median Household Income
$52,809
Median Earnings
$1,150
Median Rent
$318,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - First-floor restaurant includes built-up commercial kitchen and two walk-in coolers, with a separate second-floor 3-bedroom apartment.
Where is this conventional restaurant located?
The property is located at 319 S Division St Stoughton, WI.
What are key features of this property?
This property features: Real estate lease is 10 years ending 6/30/2026, with one additional 10‑year option; Rent is $1,500 per month through 6/30/2026 for 1st‑floor restaurant plus 2nd‑floor residential unit; 3% annual rent increases if the 10‑year option is exercised
