Restaurant and Bar with
2827 63rd STREET Kenosha, WI 53143
2827 63rd STREET, Kenosha, WI, 53143
$570,000
For Sale
$570,000
Restaurant and bar with full-service kitchen, bar grill, and private party space, plus large on-site and street parking.
Property Size3,274 SF
Price / SF$174.10
Days on Market237
Property Features for 2827 63rd STREET
General Information
- Standard status
- Active
- Size
- 3,274 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1929
Listing agency
Century 21 Circle
(847) 343-7689
Listed by
Joel Uhlean · License #475126076
(847) 343-7689
Source
Xome
Added: Nov 27, 2025 Updated: Jul 22 at 12:14AM Checked: Jul 22 at 12:14AM
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 Century 21 Circle
Investment Insights
Based on property information with market context.
This family-owned restaurant and bar has served the community for 42 years and is offered with the business, including all inventory, fixtures, machinery, and licenses. The space includes a fire gas grill at the bar and a full-service kitchen in the back, featuring a professional-grade double oven and an 8x10 walk-in freezer. Additional amenities include two pool tables, gaming machines, and darts, along with an extra room that can be used for private parties or events and an office.
The property is set up to accommodate up to 200 people and includes a newer 2025 7.5-ton HVAC roof unit. Parking is a mix of a large private parking lot and plenty of street parking.
For buyers seeking a ready-to-operate restaurant concept, the sale includes the operational components listed above—kitchen equipment, bar grilling equipment, and included inventory and licenses—supporting an immediate transition upon transfer.
The property is set up to accommodate up to 200 people and includes a newer 2025 7.5-ton HVAC roof unit. Parking is a mix of a large private parking lot and plenty of street parking.
For buyers seeking a ready-to-operate restaurant concept, the sale includes the operational components listed above—kitchen equipment, bar grilling equipment, and included inventory and licenses—supporting an immediate transition upon transfer.
Key Highlights
- Restaurant and bar with full‑service kitchen, bar grill, and private party/event space
- 200‑person capacity
- Professional kitchen includes double oven and 8x10 walk‑in freezer
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 | $58.9k | $18.00 |
| − Vacancy | −$3.4k | −$1.04 |
| EGI | $55.5k | $16.96 |
| − OpEx | −$13.9k | −$4.24 |
| NOI | $41.6k | $12.72 |
3,274 SF · lease $18.00/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Industrial
$3.14M
$2.75M – $3.66M
NOI $219,732 @ 7.0% cap · market cap 38.55%
Second Best
Specialty Retail
$594.8K
$520.4K – $693.9K
NOI $41,635 @ 7.0% cap · market cap 7.30%
Theoretical Best
Warehouse
$3.81M
$3.34M – $4.45M
NOI $266,818 @ 7.0% cap · market cap 46.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ATM
Atm
Club Bene's
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Lucci's Grandview — 6929 39th Ave, Kenosha, WI 53142
- Swedish-American Club — 7002 30th Ave, Kenosha, WI 53142
- Crispy's Tavern — 6832 24th Ave, Kenosha, WI 53143
- Slammers — 6832 24th Ave, Kenosha, WI 53143
- Clay's Tap — 3810 Roosevelt Rd, Kenosha, WI 53142
FAQs
What type of property is this?
Bar & Pub - Restaurant and bar with full-service kitchen, bar grill, and private party space, plus large on-site and street parking.
Where is this bar & pub located?
The property is located at 2827 63rd STREET Kenosha, WI.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Restaurant and bar with full‑service kitchen, bar grill, and private party/event space; 200‑person capacity; Professional kitchen includes double oven and 8x10 walk‑in freezer
