Restaurant Space with
New
For Sale
Contact for pricing
3056 Village Park Drive, Plover, WI 54467
A commercial-zoned suite combines dining and bar space with a dedicated kitchen and mezzanine.
Property Size3,018 SF
Price / SF$0.00
Days on Market3
Property Features for 3056 Village Park Drive
General Information
Standard status
Active
Size
3,018 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Building Details
Building Size
3,018 SF
Year Built
2004
Listing Agency:
First Weber
(715) 341-6688
Listed By:
Peter Harris · License #3830390
(715) 498-6688
Source:
Howardandwilliams
Added: Oct 30
Last Checked: Oct 30 at 2:15PM
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 First Weber
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant suite in Plover, Wisconsin, contains 3,018 square feet. The bar and dining area spans 2,074 square feet, with a separate 450-square-foot kitchen and an additional mezzanine. The building was constructed in 2004, and the property is zoned Commercial.
The site has direct access to an interstate. Municipal streetscape improvements have also been completed, and national brands in the area draw more than 20,000 vehicles per day.
The site has direct access to an interstate. Municipal streetscape improvements have also been completed, and national brands in the area draw more than 20,000 vehicles per day.
Key Highlights
- 3,018‑square‑foot restaurant suite
- 2,074‑square‑foot bar and dining area
- 450‑square‑foot kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,113
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,260
$822.3K
Cap Rate 7%
$587,329
$587.3K
Cap Rate 9%
$456,811
$456.8K
Market Conditions
NOI Build-Up for 3,018 SF
Gross rent
$57.2K $18.96/SF
− Vacancy
−$2.4K −$0.80/SF
EGI
$54.8K $18.16/SF
− OpEx
−$13.7K −$4.54/SF
NOI
$41.1K $13.62/SF
Area
Portage County, WI
Vacancy
4.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,260
Cap Rate 7%
$587,329
Cap Rate 9%
$456,811
Alternative Uses
Best Use
Specialty Retail
$587.3K
$513.9K – $685.2K
NOI $41,113 @ 7.0% cap · market cap 513,912.50%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
158k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Home Improvements & Furnishings 30%
Groceries 21%
Shops & Services 8%
Menards
Home Improvements & Furnishings
47,028 visits/mo
0.2 miles
Metro Market
Groceries
32,564 visits/mo
0.5 miles
Culver's
Dining
18,386 visits/mo
0.2 miles
Starbucks
Dining
10,178 visits/mo
0.3 miles
Taco Bell
Dining
8,182 visits/mo
0.3 miles
Demographics for 54467, WI
14,850
Population
6,233
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
93%
High-School Grad
66.4 sq mi
ZIP Area
224
Density / Sq Mi
$82,255
Median Household Income
$46,850
Median Earnings
$1,042
Median Rent
$244,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A commercial-zoned suite combines dining and bar space with a dedicated kitchen and mezzanine.
Where is this conventional restaurant located?
The property is located at 3056 Village Park Drive Plover, WI.
What are key features of this property?
This property features: 3,018‑square‑foot restaurant suite; 2,074‑square‑foot bar and dining area; 450‑square‑foot kitchen
