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Connected Two-Parcel Restaurant
For Sale
$1,590,000
Pending

6309 Monona Dr, Monona, WI 53716

Two adjoining parcels were combined through remodeling and construction completed in 2004.

Property SizeContact for details
Days on Market1183

Property Features for 6309 Monona Dr

General Information

Standard status Pending
Property subtype Business Opportunity

Building Details

Year Renovated 2004
Listing Agency: Tri-River Realty
Listed By: Sue Jiang
Source: Exprealty
Added: Jun 29, 2023 Changed: Sep 21 Last Checked: Sep 22 at 6:33PM

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.

The offering comprises a conventional restaurant property formed from two parcels at 6309 and 6313 Monona Dr. Remodeling and construction completed in 2004 connected the lots into a single restaurant location.

A Japanese restaurant has operated at the property since the 2004 improvements. Parcel 0710-204-6201-4, associated with 6313 Monona Dr, is included in the offering.

Key Highlights

  • Two parcels at 6309 and 6313 Monona Dr included
  • Remodeling and construction completed in 2004
  • Lots were connected into one restaurant location

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53716, WI

19,105
Population
8,668
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,033
Density / Sq Mi
$89,225
Median Household Income
$52,338
Median Earnings
$1,264
Median Rent
$325,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two adjoining parcels were combined through remodeling and construction completed in 2004.
Where is this conventional restaurant located?
The property is located at 6309 Monona Dr Monona, WI.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Two parcels at 6309 and 6313 Monona Dr included; Remodeling and construction completed in 2004; Lots were connected into one restaurant location
More about this property
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