319 S Division St Stoughton, WI 53589

Listing agency Tri-River Realty

Listed by Yishu Jiang · License #WI 90-57358

Source Crexi

Added: Apr 11 Updated: Jul 21 at 6:19PM Checked: Jul 21 at 6:19PM

Report an Issue

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 Tri-River Realty

---

Investment Insights

Based on property information with market context.

This two-story property is offered for sale as real estate only. The first floor operates as a restaurant and was newly remodeled in 2016, including a complete kitchen build-out from floor to ceiling and front to back. The kitchen includes two walk-in coolers, a wok, stainless steel sinks, and additional equipment. The second floor is a 3-bedroom residential apartment with a spacious living room, a kitchen, and a bathroom.

The current lease runs 10 years up to 6/30/2026 and includes one additional 10-year option. Rent is $1,500 per month through 6/30/2026, covering the first-floor restaurant and the second-floor residential unit, with a 3% annual rent increase if the option is exercised.

The restaurant has been operating successfully since 2016. The seller has relocated out of state and is looking to sell and reinvest.

Key Highlights

• Real estate lease is 10 years ending 6/30/2026, with one additional 10‑year option
• Rent is $1,500 per month through 6/30/2026 for 1st‑floor restaurant plus 2nd‑floor residential unit
• 3% annual rent increases if the 10‑year option is exercised

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,500,000

  9,120 SF

  Updated 10-Unit Multifamily Building

  Well maintained, fully occupied 10-unit building with updated 2-bed units, central AC, and assigned secured basement storage.

  1525 Kenilworth Court, Stoughton, WI 53589

  View Details
• 

  $327,000

  1,870 SF

  55+ Two-Bedroom Condominium

  This two-bedroom unit includes 2.5 baths, a three-season sunroom with four patio doors, and a two-car attached garage.

  726 Kensington Square, Unit 726, Stoughton, WI 53589

  View Details
• 

  $675,000

  2,794 SF

  Historic Restaurant with Rental Income

  Turnkey restaurant with strong reputation and additional rental income.

  355 E Main, Stoughton, WI 53589

  View Details
• 

  $5,900,000

  64,250 SF

  Stoughton Wellness and Athletic Center

  Premier athletic hub with diverse tenants and development potential.

  2300 Highway 51, Stoughton, WI 53589

  View Details
• 

  $379,900

  Turnkey Three-Unit Income Property

  Well-maintained 3-unit multifamily with separate utilities, in-unit laundry, and a 2023 roof.

  1009 S 4th Street, Stoughton, WI 53589

  View Details
• 

  $300,000

  Duplex with Two-Level Layout

  Duplex offering two 2-bedroom units, including hardwood and pine flooring, plus a sunporch.

  524 E Jefferson Street, Stoughton, WI 53589

  View Details
• 

  $1,050,000

  2,000 SF

  Stoughton Commercial Property For Sale

  Commercial property with veterinary clinic and potential for various uses.

  US Hwy 51 & 138 1900, Stoughton, WI

  View Details
• 

  $540,000

  Side-by-Side Duplex with Attached Garages

  Side-by-side duplex with three-bedroom units, decks, 2-car attached garages, and unfinished basements.

  908-910 Greig Trail, Stoughton, WI 53589

  View Details

FAQs

What type of property is this?

Conventional restaurant - First-floor restaurant includes built-up commercial kitchen and two walk-in coolers, with a separate second-floor 3-bedroom apartment.

Where is this conventional restaurant located?

The property is located at 319 S Division St Stoughton, WI.

What are key features of this property?

This property features: Real estate lease is 10 years ending 6/30/2026, with one additional 10‑year option; Rent is $1,500 per month through 6/30/2026 for 1st‑floor restaurant plus 2nd‑floor residential unit; 3% annual rent increases if the 10‑year option is exercised