Equipped Restaurant
3327 Lake Dr, Hartford, WI 53027
For Sale
$599,000
Kitchen equipment and dining service items are included with the building.
Property Size3,626 SF
Price / SF$165.20
Days on Market17
Property Features for 3327 Lake Dr
General Information
Standard status
Size
Additional Details
Furnished
Equipment Included
Taxes and HOA fees
Annual Taxes
Listing Agency:
B & B Real Estate Services
Listed By:
Angela Bingen · License WI #5673890
(262) 689-3419
Source:
Exprealty
Added: Oct 29
Changed: Nov 12
Last Checked: Nov 12 at 2:43PM
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 B & B Real Estate Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The restaurant property includes kitchen equipment along with tables, chairs, bar stools, barware, glassware, dishes, and silverware. The building is offered without the business operations or trade name.
Situated in the Pike Lake area, the property has a partial lake view.
Situated in the Pike Lake area, the property has a partial lake view.
Key Highlights
- Kitchen equipment and dining furnishings are included
- Partial view of Pike Lake
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,324
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,480
$786.5K
Cap Rate 7%
$561,771
$561.8K
Cap Rate 9%
$436,933
$436.9K
Market Conditions
NOI Build-Up for 3,626 SF
Gross rent
$54.4K $15.00/SF
− Vacancy
−$2.0K −$0.54/SF
EGI
$52.4K $14.46/SF
− OpEx
−$13.1K −$3.61/SF
NOI
$39.3K $10.84/SF
Area
Washington County, WI
Vacancy
3.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,480
Cap Rate 7%
$561,771
Cap Rate 9%
$436,933
Alternative Uses
Best Use
Specialty Retail
$561.8K
$491.6K – $655.4K
NOI $39,324 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$996.8K
$872.2K – $1.16M
NOI $69,779 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 53027, WI
23,254
Population
10,091
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
91.0 sq mi
ZIP Area
256
Density / Sq Mi
$85,708
Median Household Income
$50,853
Median Earnings
$1,113
Median Rent
$290,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Ever Green Chinese Buffet — 1528 E Sumner St, Hartford, WI 53027
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Kitchen equipment and dining service items are included with the building.
Where is this conventional restaurant located?
The property is located at 3327 Lake Dr Hartford, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Kitchen equipment and dining furnishings are included; Partial view of Pike Lake
