Turnkey Micro-Distillery with Tasting
228 E Main St Waterford, WI 53185
For Sale
$550,000
Turnkey micro-distillery includes a tasting room and outdoor patio seating, with established distribution operations.
Property Size1,720 SF
Price / SF$319.77
Days on Market93
Property Features for 228 E Main St
General Information
Standard status
Active
Size
1,720 SF
Listing Agency:
RE/MAX Lakeside-Central
(262) 470-9697
Listed By:
Steven Caylor · License #84436-94
(262) 470-9697
Source:
Exprealty
Added: Apr 28
Changed: Jul 28
Last Checked: Jul 28 at 7:05PM
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 RE/MAX Lakeside-Central
Investment Insights
Based on property information with market context.
This turnkey micro-distillery offering includes an on-site tasting room and an outdoor patio with seating. The property is presented with established distribution operations in place.
The business is located at 228 E Main St in Waterford, WI. The current owner holds the federal distilling license and is willing to remain on staff to support a smooth transition through consulting, training, and regulatory reporting, as described in the remarks.
The business is located at 228 E Main St in Waterford, WI. The current owner holds the federal distilling license and is willing to remain on staff to support a smooth transition through consulting, training, and regulatory reporting, as described in the remarks.
Key Highlights
- Turnkey micro‑distillery with tasting room and outdoor patio with seating
- Established distribution operations already in place
- Current owner holds the federal distilling license and is willing to remain on staff for consulting, training, and regulatory reporting
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 | $33.0k | $19.20 |
| − Vacancy | −$1.2k | −$0.69 |
| EGI | $31.8k | $18.51 |
| − OpEx | −$8.0k | −$4.63 |
| NOI | $23.9k | $13.88 |
1,720 SF · lease $19.20/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$341.1K
$298.5K – $397.9K
NOI $23,876 @ 7.0% cap · market cap 4.34%
Second Best
Industrial
$119.4K
$104.5K – $139.3K
NOI $8,358 @ 7.0% cap · market cap 1.52%
Theoretical Best
Office A
$413.6K
$361.9K – $482.6K
NOI $28,954 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Brewery - Turnkey micro-distillery includes a tasting room and outdoor patio seating, with established distribution operations.
Where is this brewery located?
The property is located at 228 E Main St Waterford, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Turnkey micro‑distillery with tasting room and outdoor patio with seating; Established distribution operations already in place; Current owner holds the federal distilling license and is willing to remain on staff for consulting, training, and regulatory reporting
