Turnkey Restaurant with Brew
For Sale
$795,000
255 S Main St, West Bend, WI 53095
COMMERCIAL - West Bend, WI
Property Size5,500 SF
Lot Size0.09 Acres
Price / SF$144.55
Days on Market107
Property Features for 255 S Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
291 11191320402
Size
5,500 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13954
Building Details
Year built
1930
Architectural style
Other
Listing Agency:
Homestead Realty, Inc
(800) 339-4444
Listed By:
Broc Nathan Fleischer · License #5838490
(920) 960-0555
Added: Apr 21
Changed: Aug 4
Last Checked: Aug 5 at 10:06AM
MLS# 1959056
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a commercial restaurant offering a remodeled interior and updated key systems, with the sellers noting it was completely remodeled about 20 years ago, including kitchen and bathroom updates and no older plumbing, electric, or plaster. The space is set up as a turn-key operation for restaurant service, with brewing equipment already installed for on-site beer production.
Located at 255 S Main St in West Bend, Wisconsin, the property includes a large dining deck overlooking the Milwaukee River. The indoor layout is described as having classic, timeless décor, supported by updated finishes such as the kitchen and bathrooms.
For an operator looking for an established restaurant-and-brew concept, the installed brewing setup and included operating components can help reduce the time between taking ownership and beginning service. With a commercial zoning designation and restaurant-ready improvements, this configuration is well suited to a hands-on buyer interested in running the business directly. The sellers, after 20+ years of owning and operating the restaurant, are also available to help address early transition items.
Located at 255 S Main St in West Bend, Wisconsin, the property includes a large dining deck overlooking the Milwaukee River. The indoor layout is described as having classic, timeless décor, supported by updated finishes such as the kitchen and bathrooms.
For an operator looking for an established restaurant-and-brew concept, the installed brewing setup and included operating components can help reduce the time between taking ownership and beginning service. With a commercial zoning designation and restaurant-ready improvements, this configuration is well suited to a hands-on buyer interested in running the business directly. The sellers, after 20+ years of owning and operating the restaurant, are also available to help address early transition items.
Key Highlights
- Year built 1930 restaurant property
- Completely remodeled about 20 years ago with updated kitchen, bathrooms, and more
- Brewing equipment installed and ready to brew beer
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
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53095, WI
27,269
Population
12,741
Households
2.1
Avg Household Size
45
Median Age
32%
College-Educated
96%
High-School Grad
70.4 sq mi
ZIP Area
387
Density / Sq Mi
$82,219
Median Household Income
$49,779
Median Earnings
$1,015
Median Rent
$286,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Remodeled restaurant property with installed brewing equipment and a large dining deck for on-site beer service.
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: Year built 1930 restaurant property; Completely remodeled about 20 years ago with updated kitchen, bathrooms, and more; Brewing equipment installed and ready to brew beer
