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Turnkey Bar and Restaurant

201 S Walnut St Appleton, WI 54911

201 S Walnut St, Appleton, WI, 54911
Contact for pricing
For Sale
Contact for pricing

Turnkey bar-restaurant opportunity with a full commercial kitchen, FF&E included, and on-site parking.

Property Size8,167 SF
Price / SF$91.83
Days on Market121

Property Features for 201 S Walnut St

General Information

Standard status
Active
Size
8,167 SF
Property subtype
Retail

Building Details

Year Built
1880
Listing agency NAI Pfefferle
Listed by Teresa Knuth · License #WI 89096-94
Source Crexi
Added: Mar 25 Updated: Jul 22 at 9:49PM Checked: Jul 22 at 9:49PM

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


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.

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)

Local 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 $48.3k $5.91
− Vacancy −$1.4k −$0.17
EGI $46.9k $5.74
− OpEx −$14.1k −$1.72
NOI $32.8k $4.02
8,167 SF · lease $5.91/SF/yr · vacancy 2.90% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $123,228 @ 7.0% cap · market cap 16.43%
Second Best
Industrial
$468.7K
$410.1K – $546.8K (±1% cap)
NOI $32,807 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M (±1% cap)
NOI $157,623 @ 7.0% cap · market cap 21.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

McGuinness Irish Pub Bar & Pub

Suggested Use

Big Box & Wholesale Store Electrical Service Storage Facility Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Dental Office Catering Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Union Jack — 812 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
  • Riverside Bar & Grill — 906 S Olde Oneida St, Appleton, WI 54915
  • Tandem — 101 W Edison Ave, Appleton, WI 54915

FAQs

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 $750,000.
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)
Contact an agent
(920) 968-4700 Call to check price and availability
More about this property
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