Brick Drive-Through Restaurant
For Sale
$649,900
802 George St, De Pere, WI 54115
Standalone restaurant property with an existing operation, two-lane vehicle service, and recent building updates.
Property Size3,904 SF
Price / SF$166.47
Days on Market79
Property Features for 802 George St
General Information
Standard status
Active
Size
3,904 SF
Building Details
Year Built
1977
Listing Agency:
Resource One Realty, LLC
Listed By:
James D. Depas · License #91700983
(920) 536-0125
Source:
Smartteamhomes
Added: Jul 20
Changed: Oct 1
Last Checked: Oct 5 at 9:55PM
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 Resource One Realty, LLC
Investment Insights
Based on property information with market context.
The 3,904-square-foot standalone building was constructed in 1977 and features all-brick exterior construction, a two-lane drive-through, on-site parking, and prominent signage. Recent improvements include a roof replacement in 2022, a tankless water heater installed in 2023, a sump pump with backup added in 2024, and updated signage completed in 2024. Great Harvest Bread is included in the sale, providing an operating restaurant component within the property.
The property is located at 802 George St in De Pere, across from a private elementary school, near St. Norbert College, and steps from the Mulva Cultural Center. Its downtown setting and visibility along Main Street add to the building’s established commercial presence.
The property is located at 802 George St in De Pere, across from a private elementary school, near St. Norbert College, and steps from the Mulva Cultural Center. Its downtown setting and visibility along Main Street add to the building’s established commercial presence.
Key Highlights
- 3,904‑square‑foot standalone restaurant building constructed in 1977
- Two‑lane drive‑through with on‑site parking
- All‑brick building with prominent signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,334
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,680
$1.0M
Cap Rate 7%
$733,343
$733.3K
Cap Rate 9%
$570,378
$570.4K
Market Conditions
NOI Build-Up for 3,904 SF
Gross rent
$70.3K $18.00/SF
− Vacancy
−$1.8K −$0.47/SF
EGI
$68.4K $17.53/SF
− OpEx
−$17.1K −$4.38/SF
NOI
$51.3K $13.15/SF
Area
Brown County, WI
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,680
Cap Rate 7%
$733,343
Cap Rate 9%
$570,378
Alternative Uses
Best Use
Specialty Retail
$733.3K
$641.7K – $855.6K
NOI $51,334 @ 7.0% cap · market cap 7.90%
Second Best
Retail
$562.2K
$491.9K – $655.9K
NOI $39,352 @ 7.0% cap · market cap 6.06%
Theoretical Best
Warehouse
$3.26M
$2.86M – $3.81M
NOI $228,516 @ 7.0% cap · market cap 35.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Citgo
Shops & Services
2,507 visits/mo
0.1 miles
Associated Bank
Shops & Services
2,375 visits/mo
0.3 miles
Great Harvest Bread Co.
Dining
2,316 visits/mo
0.1 miles
Take 5 Oil Change
Shops & Services
762 visits/mo
0.1 miles
BP
Shops & Services
630 visits/mo
0.4 miles
Demographics for 54115, WI
48,710
Population
20,415
Households
2.4
Avg Household Size
37
Median Age
40%
College-Educated
96%
High-School Grad
124.0 sq mi
ZIP Area
393
Density / Sq Mi
$92,023
Median Household Income
$46,843
Median Earnings
$1,071
Median Rent
$307,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Standalone restaurant property with an existing operation, two-lane vehicle service, and recent building updates.
Where is this drive through restaurant located?
The property is located at 802 George St De Pere, WI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 3,904‑square‑foot standalone restaurant building constructed in 1977; Two‑lane drive‑through with on‑site parking; All‑brick building with prominent signage
