Restaurant Building with Commercial
New
For Sale
$650,000
3105 80th St, Kenosha, WI 53142
Established restaurant property with a finished dining area, pickup window, updated interiors, and dedicated kitchen infrastructure.
Property Size2,128 SF
Price / SF$305.45
Days on Market2
Property Features for 3105 80th St
General Information
Standard status
Active
Size
2,128 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1990
Listing Agency:
Transfer Real Estate Services
Listed By:
Melissa Hua · License #5145990
(262) 705-3002
Source:
Tumpanelegacy
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 2 at 5:26PM
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 Transfer Real Estate Services
Investment Insights
Based on property information with market context.
This 2,128-square-foot restaurant property at 3105 80th St. in Kenosha includes a spacious dining room, customer pickup window, custom live-edge bar, and fully equipped commercial kitchen. The building was constructed in 1990 and received roof and flooring improvements in 2025, along with additional interior updates. The existing layout supports continued restaurant use while offering space for a new culinary concept.
The property is positioned on Kenosha’s south side near Festival Foods, Snap-on, Dollar Tree, North Shore Bank, Ace Hardware, and Starbucks. These surrounding businesses provide an established commercial setting with multiple nearby traffic generators and complementary retailers. The restaurant business has operated at the location for more than 30 years.
The property is positioned on Kenosha’s south side near Festival Foods, Snap-on, Dollar Tree, North Shore Bank, Ace Hardware, and Starbucks. These surrounding businesses provide an established commercial setting with multiple nearby traffic generators and complementary retailers. The restaurant business has operated at the location for more than 30 years.
Key Highlights
- 2,128 SF restaurant property at 3105 80th St., Kenosha, WI 53142
- Roof and flooring improvements completed in 2025
- Fully outfitted commercial kitchen with spacious dining room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,062
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$541,240
$541.2K
Cap Rate 7%
$386,600
$386.6K
Cap Rate 9%
$300,689
$300.7K
Market Conditions
NOI Build-Up for 2,128 SF
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.
Gross rent
$38.3K $18.00/SF
− Vacancy
−$2.2K −$1.04/SF
EGI
$36.1K $16.96/SF
− OpEx
−$9.0K −$4.24/SF
NOI
$27.1K $12.72/SF
Area
Kenosha County, WI
Vacancy
5.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$541,240
Cap Rate 7%
$386,600
Cap Rate 9%
$300,689
Alternative Uses
Best Use
Industrial
$2.04M
$1.79M – $2.38M
NOI $142,819 @ 7.0% cap · market cap 21.97%
Second Best
Specialty Retail
$386.6K
$338.3K – $451.0K
NOI $27,062 @ 7.0% cap · market cap 4.16%
Theoretical Best
Warehouse
$2.48M
$2.17M – $2.89M
NOI $173,423 @ 7.0% cap · market cap 26.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 28%
Dining 17%
Electronics 1%
Kwik Trip
Shops & Services
40,868 visits/mo
0.4 miles
Skogen's Festival Foods
Groceries
40,307 visits/mo
0.1 miles
Dollar Tree
Shops & Services
17,158 visits/mo
0.0 miles
Chase Bank
Shops & Services
11,924 visits/mo
0.2 miles
KFC
Dining
9,387 visits/mo
0.4 miles
Demographics for 53142, WI
33,146
Population
13,787
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,601
Density / Sq Mi
$86,891
Median Household Income
$49,161
Median Earnings
$1,319
Median Rent
$254,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant property with a finished dining area, pickup window, updated interiors, and dedicated kitchen infrastructure.
Where is this conventional restaurant located?
The property is located at 3105 80th St Kenosha, WI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,128 SF restaurant property at 3105 80th St., Kenosha, WI 53142; Roof and flooring improvements completed in 2025; Fully outfitted commercial kitchen with spacious dining room
