Bar and Restaurant with Event
For Sale
Contact for pricing
340 W Northland Ave, Appleton, WI 54911
Fully equipped bar and restaurant with commercial kitchen, dining area, and dedicated event space.
Property Size5,000 SF
Price / SF$260
Days on Market87
Property Features for 340 W Northland Ave
General Information
Standard status
Active
Size
5,000 SF
Property subtype
RETAIL
Additional Details
Traffic Count
20,933 vehicles/day
Listing Agency:
NAI Pfefferle
(920) 560-5009
Listed By:
Amy Oelhafen
(920) 560-5009
Source:
Moodyscre
Added: May 8
Changed: Jul 30
Last Checked: Aug 2 at 6:05AM
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 NAI Pfefferle
Investment Insights
Based on property information with market context.
This established bar and restaurant is designed for food-and-beverage operations with an on-site layout that includes a spacious dining area, full-service bar, commercial kitchen, and dedicated event space. The event area is suited for bands, private parties, and weekly specials, supporting both day-to-day service and scheduled programming. The property is presented as turn-key for an operator looking to step into an existing concept with immediate operational capability.
Located at 340 W Northland Avenue in Appleton, the site benefits from strong visibility along a major corridor. W. Northland Avenue is described as handling approximately 20,933 vehicles per day traveling east and west, and nearby N. Richmond Street carries approximately 18,171 vehicles per day. The listing also notes ample parking and access from this high-traffic area, with surrounding dense residential and commercial neighborhoods.
With the building configured for bar-and-grill or entertainment-focused service, the 5,000-square-foot property offers an equipped foundation for continuing restaurant operations or rebranding within the same core use.
Located at 340 W Northland Avenue in Appleton, the site benefits from strong visibility along a major corridor. W. Northland Avenue is described as handling approximately 20,933 vehicles per day traveling east and west, and nearby N. Richmond Street carries approximately 18,171 vehicles per day. The listing also notes ample parking and access from this high-traffic area, with surrounding dense residential and commercial neighborhoods.
With the building configured for bar-and-grill or entertainment-focused service, the 5,000-square-foot property offers an equipped foundation for continuing restaurant operations or rebranding within the same core use.
Key Highlights
- 5,000‑square‑foot bar and restaurant building for food‑and‑beverage operations
- Spacious dining area plus full‑service bar
- Commercial kitchen configured for restaurant operations
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 | $105.0k | $21.00 |
| − Vacancy | −$4.4k | −$0.88 |
| EGI | $100.6k | $20.12 |
| − OpEx | −$25.1k | −$5.03 |
| NOI | $75.4k | $15.09 |
5,000 SF · lease $21.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.08M
$943.0K – $1.26M
NOI $75,443 @ 7.0% cap · market cap 5.80%
Second Best
Industrial
$286.9K
$251.1K – $334.8K
NOI $20,085 @ 7.0% cap · market cap 1.55%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,500 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
20,933 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 54911, WI
26,964
Population
11,171
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,747
Median Household Income
$38,591
Median Earnings
$1,010
Median Rent
$199,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully equipped bar and restaurant with commercial kitchen, dining area, and dedicated event space.
Where is this bar & pub located?
The property is located at 340 W Northland Ave Appleton, WI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 5,000‑square‑foot bar and restaurant building for food‑and‑beverage operations; Spacious dining area plus full‑service bar; Commercial kitchen configured for restaurant operations
