16-18 Front Street, Milton, WI 53563
Turnkey commercial property combining an equipped pizza restaurant and fully operational laundromat.
- Added:
- Jun 2, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 6 at 5:52 am
Property Features for 16-18 Front Street
General Information
- Standard status
- Active
- Size
- 3,040 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2004
Listing agent Beth Hanthorn License #WI
Listing office Century 21 Affiliated Janesville
Listing date Jun 2, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Affiliated Janesville
HighLights
- Commercial property built in 2004, offered with two operating businesses: an equipped pizza restaurant and a fully operational laundromat
- Pizza restaurant includes cooking/prep area, commercial ovens, extensive restaurant equipment, TOAST POS system, office, and restroom
- Restaurant business has been built and operated by the current owner for 13 years
- Laundromat includes 26 washers and 12 dryers, plus a brand‑new water heater
- Includes a well‑established business package with real estate (RE) and two income‑generating operations
Overview
The offering is located on Front Street in Milton, Wisconsin, within one of the city’s business districts. The current restaurant operation has been in place under the current owner for 13 years, and the sale includes the equipment and operational components needed to continue running both concepts.
This setup is well-suited for an owner-operator or entrepreneur looking for an established business package with real estate included. For investors, the combination provides a practical way to own and operate both a food service concept and a laundry service operation within a single property. All listed business equipment and core operational systems are included as part of the turnkey offering.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.7k | $21.60 |
| − Vacancy | −$1.7k | −$0.56 |
| EGI | $64.0k | $21.04 |
| − OpEx | −$16.0k | −$5.26 |
| NOI | $48.0k | $15.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Rock
- State
- Wisconsin
- Longitude
- -88.9631198
- Latitude
- 42.7828496
