Turnkey Restaurant and
16-18 Front Street Milton, WI 53563
For Sale
$749,900
COMMERCIAL - Milton, WI
Property Size3,040 SF
Lot Size0.10 Acres
Price / SF$246.68
Days on Market44
Property Features for 16-18 Front Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- NMU
- Interior features
- Alley, Shared Restrooms, Display window, Smoke Detectors
- Standard status
- Active
- APN
- 257 160004
- Size
- 3,040 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4246
Building Details
- Year built
- 2004
- Number of units
- 2
- Roof type
- Metal
Listing Agency:
Century 21 Affiliated
(608) 756-4196
Listed By:
Beth Hanthorn · License #53106-90
(608) 346-8189
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 23 at 12:06PM
MLS# 2024638
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial property includes real estate plus two operating businesses: a pizza restaurant and a laundromat. The restaurant is described as fully equipped and ready to continue operating, with a spacious cooking and prep area, commercial ovens, extensive restaurant equipment, a TOAST POS system, an office space, and a restroom.
The laundromat is described as well-maintained and includes 26 washers and 12 dryers, along with a brand-new water heater. The listing describes the businesses as established and currently operating together as a turnkey package.
The property is zoned NMU and is located on Front Street in Milton, Wisconsin.
The laundromat is described as well-maintained and includes 26 washers and 12 dryers, along with a brand-new water heater. The listing describes the businesses as established and currently operating together as a turnkey package.
The property is zoned NMU and is located on Front Street in Milton, Wisconsin.
Key Highlights
- Commercial property built in 2004 with a metal roof
- Includes a fully equipped pizza restaurant with commercial ovens, spacious cooking/prep area, office space, and restroom
- Pizza restaurant includes a TOAST POS system
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 |
3,040 SF · lease $21.60/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$685.3K
$599.6K – $799.5K
NOI $47,968 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$730.5K
$639.2K – $852.3K
NOI $51,138 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Property includes a fully equipped pizza restaurant and a laundromat with multiple washer and dryer units.
Where is this conventional restaurant located?
The property is located at 16-18 Front Street Milton, WI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Commercial property built in 2004 with a metal roof; Includes a fully equipped pizza restaurant with commercial ovens, spacious cooking/prep area, office space, and restroom; Pizza restaurant includes a TOAST POS system
