Restaurant Storefront with Walk-Up
30 S Wisconsin St Elkhorn, WI 53121
30 S Wisconsin St, Elkhorn, WI, 53121
$130,000
For Sale
$130,000
Conventional restaurant storefront offered for sale, previously a pizza shop with a full kitchen and walk-up/dining area.
Property Size648 SF
Price / SF$200.62
Days on Market74
Property Features for 30 S Wisconsin St
General Information
- Standard status
- Active
- Size
- 648 SF
Listing agency
Shorewest Realtors, Inc.
(262) 233-0689
Listed by
Carmen Kraayvanger
(262) 233-0689
Source
Exprealty
Added: May 11 Updated: Jul 22 at 8:45PM Checked: Jul 22 at 8:45PM
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 Shorewest Realtors, Inc.
Investment Insights
Based on property information with market context.
This commercial storefront is offered for sale as-is. The space was previously operated as a pizza shop and is equipped with a full kitchen and a walk-up/dining area, supporting food service and compatible retail concepts.
The property is located at 30 S Wisconsin St in Elkhorn, WI.
Interested parties should plan to review the space directly to confirm condition and to evaluate fit for their intended concept, as the property is being sold as-is.
The property is located at 30 S Wisconsin St in Elkhorn, WI.
Interested parties should plan to review the space directly to confirm condition and to evaluate fit for their intended concept, as the property is being sold as-is.
Key Highlights
- Conventional commercial storefront in the heart of Elkhorn, previously operated as a pizza shop
- Includes a full kitchen setup for food service concepts
- Features a walk‑up/dining area
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 | $12.3k | $18.96 |
| − Vacancy | −$614 | −$0.95 |
| EGI | $11.7k | $18.01 |
| − OpEx | −$2.9k | −$4.50 |
| NOI | $8.8k | $13.51 |
648 SF · lease $18.96/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$125.1K
$109.4K – $145.9K
NOI $8,754 @ 7.0% cap · market cap 6.73%
Second Best
Retail
$77.3K
$67.6K – $90.1K
NOI $5,408 @ 7.0% cap · market cap 4.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pizza Alley
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Conventional restaurant storefront offered for sale, previously a pizza shop with a full kitchen and walk-up/dining area.
Where is this conventional restaurant located?
The property is located at 30 S Wisconsin St Elkhorn, WI.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Conventional commercial storefront in the heart of Elkhorn, previously operated as a pizza shop; Includes a full kitchen setup for food service concepts; Features a walk‑up/dining area