Turn-Key Restaurant with Brewing
255 S Main St West Bend, WI 53095
For Sale
$795,000
Remodeled restaurant offered turn-key with updated kitchen and bathrooms, plus existing brewing equipment.
Days on Market100
Property Features for 255 S Main St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
Homestead Realty, Inc
(920) 960-0555
Listed By:
Broc Nathan Fleischer · License #5838490
(920) 960-0555
Source:
Therealtycompanyllc
Added: Apr 21
Changed: Jul 28
Last Checked: Jul 29 at 12:09PM
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 Homestead Realty, Inc
Investment Insights
Based on property information with market context.
This turn-key restaurant property was completely remodeled about 20 years ago, with updates that the seller states include plumbing, electric, and interior finishes. The space features an updated kitchen and bathrooms, and it includes brewing equipment already installed for producing beer on site.
The restaurant is located at 255 S Main St in West Bend, WI, and includes a large dining deck that overlooks the Milwaukee River.
According to the seller, everything needed to operate the restaurant is included, based on the prior owner’s long-running operation.
The restaurant is located at 255 S Main St in West Bend, WI, and includes a large dining deck that overlooks the Milwaukee River.
According to the seller, everything needed to operate the restaurant is included, based on the prior owner’s long-running operation.
Key Highlights
- Restaurant remodeled about 20 years ago with updated kitchen, bathrooms, and more
- Brewing equipment installed for brewing beer
- Includes everything needed to run a restaurant, as described in the listing
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 | $82.5k | $15.00 |
| − Vacancy | −$3.0k | −$0.54 |
| EGI | $79.5k | $14.46 |
| − OpEx | −$19.9k | −$3.61 |
| NOI | $59.6k | $10.84 |
5,500 SF · lease $15.00/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$852.1K
$745.6K – $994.1K
NOI $59,648 @ 7.0% cap · market cap 7.50%
Second Best
Industrial
$286.1K
$250.4K – $333.8K
NOI $20,028 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,842 @ 7.0% cap · market cap 13.31%
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?
Conventional restaurant - Remodeled restaurant offered turn-key with updated kitchen and bathrooms, plus existing brewing equipment.
Where is this conventional restaurant located?
The property is located at 255 S Main St West Bend, WI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Restaurant remodeled about 20 years ago with updated kitchen, bathrooms, and more; Brewing equipment installed for brewing beer; Includes everything needed to run a restaurant, as described in the listing
