Historic Restaurant with Rental
355 E Main St, Stoughton, WI 53589
For Sale
$599,000
Turnkey restaurant with strong reputation and additional rental income.
Property Size2,794 SF
Price / SF$214.39
Days on Market228
Property Features for 355 E Main St
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
First Weber, Inc
Listed By:
Brian Conne · License WI #8189494
(312) 502-2900
Source:
Holtrealestateteam
Added: Mar 27
Changed: Oct 26
Last Checked: Oct 7 at 1:31PM
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 First Weber, Inc
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Investment Insights
Based on property information with market context.
This historic property in Stoughton presents an opportunity to acquire a business and real estate. The Koffee Kup restaurant benefits from high visibility and accessibility on Main Street, with a strong reputation reflected in its online ratings, particularly for food quality, service, and value. The restaurant features a welcoming ambiance, an established customer base, and a versatile menu that includes classic breakfasts, homemade pies, and daily specials. The property offers a turnkey opportunity for an operator seeking a well-maintained community hub. The seller has invested in updates, including a new commercial HVAC system and updated kitchen appliances. An upstairs apartment provides additional rental income. The tenant is currently month to month and paying below market rent. According to the seller, this property is Stoughton’s oldest building to have operated as a restaurant continuously since it was built.
Key Highlights
- Established, Profitable Business: Turnkey restaurant with a strong reputation and loyal customer base.
- Prime Location: Exceptional visibility and accessibility on Main Street in Stoughton.
- Updated Infrastructure: Features a new commercial HVAC system and updated kitchen appliances.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,682
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,640
$713.6K
Cap Rate 7%
$509,743
$509.7K
Cap Rate 9%
$396,467
$396.5K
Market Conditions
NOI Build-Up for 2,794 SF
Gross rent
$50.3K $18.00/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$47.6K $17.03/SF
− OpEx
−$11.9K −$4.26/SF
NOI
$35.7K $12.77/SF
Area
Dane County, WI
Vacancy
5.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,640
Cap Rate 7%
$509,743
Cap Rate 9%
$396,467
Alternative Uses
Best Use
Specialty Retail
$509.7K
$446.0K – $594.7K
NOI $35,682 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$649.3K
$568.1K – $757.5K
NOI $45,449 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 53589, WI
19,888
Population
9,014
Households
2.2
Avg Household Size
45
Median Age
40%
College-Educated
96%
High-School Grad
85.0 sq mi
ZIP Area
234
Density / Sq Mi
$93,509
Median Household Income
$52,809
Median Earnings
$1,150
Median Rent
$318,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Naeset-Roe Bed & Breakfast — 126 E Washington St, Stoughton, WI 53589
- Wildwood Café — 218 S Forrest St, Stoughton, WI 53589
- Koffee Kup — 355 E Main St, Stoughton, WI 53589
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Turnkey restaurant with strong reputation and additional rental income.
Where is this breakfast & diner located?
The property is located at 355 E Main St Stoughton, 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: Established, Profitable Business: Turnkey restaurant with a strong reputation and loyal customer base.; Prime Location: Exceptional visibility and accessibility on Main Street in Stoughton.; Updated Infrastructure: Features a new commercial HVAC system and updated kitchen appliances.
