Landmark Restaurant
1658 MAIN STREET Green Bay, WI 54302
For Sale
$750,000
Restaurant property with a spacious dining area, fully equipped commercial kitchen, upstairs living unit, storage, and on-site parking.
Property Size12,105 SF
Price / SF$61.96
Days on Market120
Property Features for 1658 MAIN STREET
General Information
- Standard status
- Active
- Size
- 12,105 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1936
Listing Agency:
EXP Realty LLC
(312) 399-5659
Listed By:
Zaid Jazrawi · License #9485740
(312) 399-5659
Source:
Xome
Added: Mar 26
Changed: Jul 23
Last Checked: Jul 23 at 11:25AM
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 EXP Realty LLC
Investment Insights
Based on property information with market context.
This restaurant property offers a spacious dining area with classic character, a fully equipped commercial kitchen, and ample storage. In addition to the restaurant space, there is an upstairs living unit, providing extra residential space within the building.
The property is offered for sale as the long-running home of Kroll's East, a well-known establishment in the Green Bay area.
With on-site parking and dedicated kitchen facilities already in place, the building is configured for restaurant operations while also accommodating the included upstairs living unit.
The property is offered for sale as the long-running home of Kroll's East, a well-known establishment in the Green Bay area.
With on-site parking and dedicated kitchen facilities already in place, the building is configured for restaurant operations while also accommodating the included upstairs living unit.
Key Highlights
- Landmark restaurant property in Green Bay, home to Kroll's East
- Spacious dining area with classic character
- Fully equipped commercial kitchen
Financial Insights For Industrial
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 | $78.4k | $6.48 |
| − Vacancy | −$1.4k | −$0.12 |
| EGI | $77.0k | $6.36 |
| − OpEx | −$23.1k | −$1.91 |
| NOI | $53.9k | $4.45 |
12,105 SF · lease $6.48/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.37M
$2.07M – $2.76M
NOI $165,596 @ 7.0% cap · market cap 22.08%
Second Best
Industrial
$770.3K
$674.0K – $898.7K
NOI $53,920 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$2.82M
$2.47M – $3.29M
NOI $197,554 @ 7.0% cap · market cap 26.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cardtronics
Atm
Kroll's East
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Restaurant property with a spacious dining area, fully equipped commercial kitchen, upstairs living unit, storage, and on-site parking.
Where is this conventional restaurant located?
The property is located at 1658 MAIN STREET Green Bay, WI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Landmark restaurant property in Green Bay, home to Kroll's East; Spacious dining area with classic character; Fully equipped commercial kitchen
