Turn-Key Restaurant
For Sale
$750,000
2230 E Northland Ave, Appleton, WI 54911
Turn-key restaurant for sale in North Appleton with a fully operating setup.
Property Size3,806 SF
Price / SF$197.06
Days on Market183
Property Features for 2230 E Northland Ave
General Information
Standard status
Active
Size
3,806 SF
Building Details
Year Built
2004
Listing Agency:
DeWitt Londre LLC
Listed By:
Ryan R. Londre · License #94-40727
(920) 378-0808
Source:
Moving2greenbay
Added: Apr 24
Changed: Oct 8
Last Checked: Oct 7 at 3:10PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,427
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,540
$1.1M
Cap Rate 7%
$820,386
$820.4K
Cap Rate 9%
$638,078
$638.1K
Market Conditions
NOI Build-Up for 3,806 SF
Gross rent
$79.9K $21.00/SF
− Vacancy
−$3.4K −$0.88/SF
EGI
$76.6K $20.12/SF
− OpEx
−$19.1K −$5.03/SF
NOI
$57.4K $15.09/SF
Area
Outagamie County, WI
Vacancy
4.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,540
Cap Rate 7%
$820,386
Cap Rate 9%
$638,078
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 authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Under-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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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
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 Ave 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
