Turnkey Pizza Restaurant with
225 Us Highway 8 E Turtle Lake, WI 54889
225 Us Highway 8 E, Turtle Lake, WI, 54889
$495,000
For Sale
$495,000
Fully equipped pizza restaurant for sale with dining for 50, commercial kitchen systems, and a manager’s office.
Property Size1,738 SF
Price / SF$284.81
Days on Market107
Property Features for 225 Us Highway 8 E
General Information
- Standard status
- Active
- Size
- 1,738 SF
Listing agency
Dane Arthur Real Estate Agency/Turtle Lake
(715) 641-0152
Listed by
JoDee Peterson-Lochner
(715) 641-0152
Source
Exprealty
Added: Apr 7 Updated: Jul 21 at 2:12PM Checked: Jul 21 at 2:12PM
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 Dane Arthur Real Estate Agency/Turtle Lake
Investment Insights
Based on property information with market context.
This fully equipped, established pizza restaurant is available for sale in Turtle Lake, WI. The operation includes a thoughtfully designed layout for high-volume pizza production within approximately 1,738 square feet, along with a comfortable dining area seating 50 guests. Onsite conveniences include a dedicated manager’s office for overseeing daily operations.
The sale includes commercial-grade kitchen equipment and related components needed to operate immediately, including prep stations, refrigeration and storage, and a POS system. The restaurant also comes with stabilized recipes used over nearly two decades.
The business has operated for 18 years under two dedicated owners, and it is located along a high-traffic vacation corridor that benefits from seasonal tourism alongside year-round customer flow. The current owner is retiring, creating an opportunity for a new operator to take over a turn-key restaurant setup.
The sale includes commercial-grade kitchen equipment and related components needed to operate immediately, including prep stations, refrigeration and storage, and a POS system. The restaurant also comes with stabilized recipes used over nearly two decades.
The business has operated for 18 years under two dedicated owners, and it is located along a high-traffic vacation corridor that benefits from seasonal tourism alongside year-round customer flow. The current owner is retiring, creating an opportunity for a new operator to take over a turn-key restaurant setup.
Key Highlights
- Established pizza restaurant business with 18 years of operation under two dedicated owners
- Approx. 1,738 sq ft restaurant with layout designed for high‑volume pizza production
- Includes commercial‑grade kitchen equipment plus prep stations, refrigeration, and storage
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 | $20.9k | $12.00 |
| − Vacancy | −$542 | −$0.31 |
| EGI | $20.3k | $11.69 |
| − OpEx | −$5.1k | −$2.92 |
| NOI | $15.2k | $8.77 |
1,738 SF · lease $12.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$217.6K
$190.4K – $253.9K
NOI $15,235 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.40M
$1.22M – $1.63M
NOI $97,751 @ 7.0% cap · market cap 19.75%
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 - Fully equipped pizza restaurant for sale with dining for 50, commercial kitchen systems, and a manager’s office.
Where is this conventional restaurant located?
The property is located at 225 Us Highway 8 E Turtle Lake, WI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Established pizza restaurant business with 18 years of operation under two dedicated owners; Approx. 1,738 sq ft restaurant with layout designed for high‑volume pizza production; Includes commercial‑grade kitchen equipment plus prep stations, refrigeration, and storage
