Bar and Restaurant with
3172 N Riverside Dr Saukville, WI 53080
For Sale
$425,000
Bar and dining room with kitchen, plus a back deck area and full basement with storage and preparation space.
Property Size1,893 SF
Price / SF$224.51
Days on Market127
Property Features for 3172 N Riverside Dr
General Information
Standard status
Active
Size
1,893 SF
Listing Agency:
Coldwell Banker Realty
(262) 389-4924
Listed By:
William Klumb · License #8768094
(262) 389-4924
Source:
Exprealty
Added: Mar 25
Changed: Jul 28
Last Checked: Jul 29 at 4:13PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This for-sale bar and restaurant property is set up for food and beverage service with a main level that includes a bar and dining room, two bathrooms, and a kitchen. The upper level features a neatly updated 2-bedroom, 1-bath apartment accessed by an exterior staircase. A full basement provides storage and a preparation area.
Additional outdoor and entertainment amenities include a large deck in the back with a bar for dining and drinks. The property also includes a large yard suited for outdoor events, along with a garage that offers additional cooler space, a stage for live music, and a concession stand. Equipment is included, and the recipes are negotiable.
Additional outdoor and entertainment amenities include a large deck in the back with a bar for dining and drinks. The property also includes a large yard suited for outdoor events, along with a garage that offers additional cooler space, a stage for live music, and a concession stand. Equipment is included, and the recipes are negotiable.
Key Highlights
- Main level includes bar and dining room, 2 bathrooms, and a kitchen
- Upper level features a 2‑bedroom, 1‑bath apartment with an exterior staircase
- Full basement offers storage and a preparation area
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 | $40.9k | $21.60 |
| − Vacancy | −$2.4k | −$1.25 |
| EGI | $38.5k | $20.35 |
| − OpEx | −$9.6k | −$5.09 |
| NOI | $28.9k | $15.26 |
1,893 SF · lease $21.60/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$412.7K
$361.1K – $481.5K
NOI $28,888 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.0K
$390.3K – $520.4K
NOI $31,221 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- J'Sports Bar & Grill — 165 S Mill St, Saukville, WI 53080
- Rally Time Sports Bar — 289 W Dekora St, Saukville, WI 53080
- d'Klein Events Bar & Golf Sim — 301 e green bay ave, saukville, wi 53080
- Railroad Station — 200 S Railroad St, Saukville, WI 53080
Frequently Asked Questions
What type of property is this?
Bar & Pub - Bar and dining room with kitchen, plus a back deck area and full basement with storage and preparation space.
Where is this bar & pub located?
The property is located at 3172 N Riverside Dr Saukville, WI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Main level includes bar and dining room, 2 bathrooms, and a kitchen; Upper level features a 2‑bedroom, 1‑bath apartment with an exterior staircase; Full basement offers storage and a preparation area
