Turnkey Bar and
For Sale
Contact for pricing
201 S Walnut St, Appleton, WI 54911
Turnkey bar-restaurant opportunity with a full commercial kitchen, FF&E included, and on-site parking.
Property Size8,167 SF
Price / SF$85.59
Days on Market211
Property Features for 201 S Walnut St
General Information
Standard status
Active
Size
8,167 SF
Property subtype
Retail
Zoning
Commercial
Additional Details
Furnished
Yes
Amenities
partial basement
Building Details
Year Built
1880
Listing Agency:
NAI Pfefferle
Listed By:
Teresa Knuth · License #WI 89096-94
(920) 968-4700
Source:
Crexi
Added: Mar 25
Changed: Oct 12
Last Checked: Oct 20 at 6:51PM
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 NAI Pfefferle
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Investment Insights
Based on property information with market context.
This turnkey bar and restaurant opportunity includes the full commercial kitchen and all building FF&E (furniture, fixtures, and equipment) included in the sale. The property also features partial basement space for additional storage, supporting day-to-day operations and back-of-house needs.
Located at 201 S Walnut St in Appleton, the building is in a downtown setting, just one block off College Avenue. The offering also includes valuable on-site parking.
The current configuration is positioned for immediate use as a bar and restaurant, with the included equipment and furnishings intended to reduce upfront ramp-up time.
Located at 201 S Walnut St in Appleton, the building is in a downtown setting, just one block off College Avenue. The offering also includes valuable on-site parking.
The current configuration is positioned for immediate use as a bar and restaurant, with the included equipment and furnishings intended to reduce upfront ramp-up time.
Key Highlights
- Year built: 1880
- Former McGuinness Irish Pub with full commercial kitchen for bar/restaurant use
- FF&E included in the sale (furniture, fixtures & equipment)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,807
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,140
$656.1K
Cap Rate 7%
$468,671
$468.7K
Cap Rate 9%
$364,522
$364.5K
Market Conditions
NOI Build-Up for 8,167 SF
Gross rent
$48.3K $5.91/SF
− Vacancy
−$1.4K −$0.17/SF
EGI
$46.9K $5.74/SF
− OpEx
−$14.1K −$1.72/SF
NOI
$32.8K $4.02/SF
Area
Outagamie County, WI
Vacancy
2.90%
Lease Rate
$5.91 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,140
Cap Rate 7%
$468,671
Cap Rate 9%
$364,522
Alternative Uses
Best Use
Specialty Retail
$1.76M
$1.54M – $2.05M
NOI $123,228 @ 7.0% cap · market cap 17.63%
Second Best
Industrial
$468.7K
$410.1K – $546.8K
NOI $32,807 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,623 @ 7.0% cap · market cap 22.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,625
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54911, WI
26,964
Population
11,171
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,747
Median Household Income
$38,591
Median Earnings
$1,010
Median Rent
$199,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Union Jack — 812 S Olde Oneida St, Appleton, WI 54915
- Tandem — 101 W Edison Ave, Appleton, WI 54915
- Riverside Bar & Grill — 906 S Olde Oneida St, Appleton, WI 54915
- Fox River House — 211 S Walnut St, Appleton, WI 54911
- Core's Lounge — 1350 W College Ave, Appleton, WI 54914
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey bar-restaurant opportunity with a full commercial kitchen, FF&E included, and on-site parking.
Where is this bar & pub located?
The property is located at 201 S Walnut St Appleton, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Year built: 1880; Former McGuinness Irish Pub with full commercial kitchen for bar/restaurant use; FF&E included in the sale (furniture, fixtures & equipment)
