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Restaurant Building with Walk-In Coolers
For Sale
$840,000

1617 Academy Avenue, Stevens Point, WI 54481

Restaurant property with kitchen equipment, furnishings, and multiple storage areas.

Property SizeContact for details
Days on Market11

Property Features for 1617 Academy Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $14,202
Listing Agency: REMAX EXCEL
Listed By: MICHELLE MILLIKIN · License #51512-90
Source: Exprealty
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 30 at 3:11PM

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 REMAX EXCEL

Investment Insights

Based on property information with market context.

The property includes a 4,300+ square foot restaurant and bar building with seating for 86 guests. Existing improvements include cooling and kitchen equipment, furnishings, a large walk-in cooler, an additional walk-in cooler, and upper-level storage. A separate exterior storage building is also included, along with 60+ parking spaces.

Located at 1617 Academy Avenue in Stevens Point, the property occupies a corner near the highway and offers 270 feet of frontage. It is positioned between Sentry and the University of Wisconsin–Stevens Point, with Kwik Trip and Festival Foods among the surrounding businesses. The current tenant is short term, and the liquor license is available separately.

Key Highlights

  • 4,300+ square foot restaurant and bar building
  • Seating capacity for 86 guests
  • Two walk‑in coolers plus upper‑level storage

Property Analytics

Current Use

Tokyo Steak House Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Electrical Service Building Supply Garden Center

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

852
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54481, WI

28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value

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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Similar Off Market Nearby

  • UWSP Upper Dining Hall 325 Isadore St, Stevens Point, WI 54481

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with kitchen equipment, furnishings, and multiple storage areas.
Where is this conventional restaurant located?
The property is located at 1617 Academy Avenue Stevens Point, WI.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: 4,300+ square foot restaurant and bar building; Seating capacity for 86 guests; Two walk‑in coolers plus upper‑level storage
More about this property
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