Turn-Key Restaurant
2230 E NORTHLAND AVENUE Appleton, WI 54911
2230 E NORTHLAND AVENUE, Appleton, WI, 54911
$750,000
For Sale
$750,000
Turn-key restaurant for sale in North Appleton with a fully operating setup.
Property Size3,806 SF
Price / SF$197.06
Days on Market123
Property Features for 2230 E NORTHLAND AVENUE
General Information
- Standard status
- Active
- Size
- 3,806 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2004
Listing agency
DeWitt Londre LLC
(920) 378-0808
Listed by
Ryan Londre · License #94-40727
(920) 378-0808
Source
Xome
Added: Mar 22 Updated: Jul 22 at 6:07AM Checked: Jul 22 at 6:07AM
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 DeWitt Londre LLC
Investment Insights
Based on property information with market context.
This is an absolute turn-key restaurant for sale, offered with an immediately operational setup. The property size is listed at 3,806 square feet.
The restaurant is located in North Appleton, positioned between 441 and Ballard Street.
The listing is presented as turn-key, meaning the space is being marketed ready for use as a restaurant.
The restaurant is located in North Appleton, positioned between 441 and Ballard Street.
The listing is presented as turn-key, meaning the space is being marketed ready for use as a restaurant.
Key Highlights
- Turn‑key restaurant setup for sale in North Appleton
- C2 zoning
- Central air with gas cooling
Local 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 | $79.9k | $21.00 |
| − Vacancy | −$3.4k | −$0.88 |
| EGI | $76.6k | $20.12 |
| − OpEx | −$19.1k | −$5.03 |
| NOI | $57.4k | $15.09 |
3,806 SF · lease $21.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$820.4K
$717.8K – $957.1K
NOI $57,427 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$918.2K – $1.22M
NOI $73,456 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turn-key restaurant for sale in North Appleton with a fully operating setup.
Where is this conventional restaurant located?
The property is located at 2230 E NORTHLAND AVENUE 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: Turn‑key restaurant setup for sale in North Appleton; C2 zoning; Central air with gas cooling
