Restaurant Building with
For Sale
$192,000
1429 S Main St, Oshkosh, WI 54902
Food-and-beverage-ready commercial space with on-site parking, a rear patio, and an existing liquor license.
Property Size1,116 SF
Price / SF$172.04
Days on Market89
Property Features for 1429 S Main St
General Information
Standard status
Active
Size
1,116 SF
Additional Details
Patio
Yes
Building Details
Year Built
1947
Listing Agency:
First Weber, Inc.
Listed By:
Jennifer J. Flanigan
(920) 570-0777
Source:
Moving2greenbay
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 15 at 3:07AM
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 First Weber, Inc.
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Investment Insights
Based on property information with market context.
This 1,116-square-foot conventional restaurant property was built in 1947 and includes an attached parking lot and rear patio. The building is configured for food-and-beverage operations, while the existing liquor license supports continued restaurant or bar use. Prior occupants included Dairy Queen and Charley Biggs.
The property is located at 1429 S Main St in Oshkosh, near the Herd Arena and the water. Its downtown setting, on-site parking, and outdoor patio provide a practical foundation for a restaurant, bar, or other hospitality concept. The building can also be adapted for a different commercial direction, subject to applicable requirements.
The property is located at 1429 S Main St in Oshkosh, near the Herd Arena and the water. Its downtown setting, on-site parking, and outdoor patio provide a practical foundation for a restaurant, bar, or other hospitality concept. The building can also be adapted for a different commercial direction, subject to applicable requirements.
Key Highlights
- 1,116‑square‑foot restaurant building constructed in 1947
- Existing liquor license in place
- Attached on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,044
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,880
$300.9K
Cap Rate 7%
$214,914
$214.9K
Cap Rate 9%
$167,156
$167.2K
Market Conditions
NOI Build-Up for 1,116 SF
Gross rent
$21.2K $18.96/SF
− Vacancy
−$1.1K −$0.99/SF
EGI
$20.1K $17.97/SF
− OpEx
−$5.0K −$4.49/SF
NOI
$15.0K $13.48/SF
Area
Winnebago County, WI
Vacancy
5.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,880
Cap Rate 7%
$214,914
Cap Rate 9%
$167,156
Alternative Uses
Best Use
Specialty Retail
$214.9K
$188.1K – $250.7K
NOI $15,044 @ 7.0% cap · market cap 7.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.9K
$210.8K – $281.0K
NOI $16,861 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
152k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 32%
Shops & Services 19%
Electronics 2%
Pick 'n Save
Groceries
37,062 visits/mo
0.5 miles
McDonald's
Dining
29,650 visits/mo
0.5 miles
Taco Bell
Dining
16,406 visits/mo
0.4 miles
Starbucks
Dining
12,134 visits/mo
0.4 miles
Piggly Wiggly
Groceries
11,551 visits/mo
0.4 miles
Demographics for 54902, WI
22,309
Population
10,800
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
35.0 sq mi
ZIP Area
637
Density / Sq Mi
$64,548
Median Household Income
$41,592
Median Earnings
$859
Median Rent
$163,900
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food-and-beverage-ready commercial space with on-site parking, a rear patio, and an existing liquor license.
Where is this conventional restaurant located?
The property is located at 1429 S Main St Oshkosh, WI.
What is the asking price?
The asking price for this property is $192,000.
What are key features of this property?
This property features: 1,116‑square‑foot restaurant building constructed in 1947; Existing liquor license in place; Attached on‑site parking lot
