Wood-Fired Grill
New
For Sale
$1,400,000
3650 W Washington St, West Bend, WI 53095
The restaurant includes fixtures, personal property, a point-of-sale system, and licenses for immediate occupancy.
Property Size8,022 SF
Lot Size1.99 Acres
Price / SF$174.52
Days on Market7
Property Features for 3650 W Washington St
General Information
Standard status
Active
Size
8,022 SF
Total Parking Spaces
110
Lot size
1.99 Acres
Property subtype
Commercial
Additional Details
Equipment Included
Yes
Building Details
Year Built
2001
Buildings
1
Listing Agency:
Emmer Real Estate Group
Listed By:
Jim Emmer frontdesk@emmerrealestate.com
Source:
Homesinwisconsin
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 25 at 2:34AM
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 Emmer Real Estate Group
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Investment Insights
Based on property information with market context.
A restaurant property with 8,022 square feet under roof sits on a 1.99-acre site. The well-maintained building was constructed in 2001 and includes fixtures and personal property, along with a point-of-sale system and licenses. Its specialty is wood-fired grill cooking and pizza.
The site provides 110 parking stalls. The property is offered with immediate occupancy.
The site provides 110 parking stalls. The property is offered with immediate occupancy.
Key Highlights
- 8,022 square feet under roof on a 1.99‑acre site
- Restaurant fixtures and personal property included
- Point‑of‑sale system and licenses included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,999
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,739,980
$1.7M
Cap Rate 7%
$1,242,843
$1.2M
Cap Rate 9%
$966,656
$966.7K
Market Conditions
NOI Build-Up for 8,022 SF
Gross rent
$120.3K $15.00/SF
− Vacancy
−$4.3K −$0.54/SF
EGI
$116.0K $14.46/SF
− OpEx
−$29.0K −$3.61/SF
NOI
$87.0K $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%
$1,739,980
Cap Rate 7%
$1,242,843
Cap Rate 9%
$966,656
Alternative Uses
Best Use
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $86,999 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.21M
$1.93M – $2.57M
NOI $154,376 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 53095, WI
27,269
Population
12,741
Households
2.1
Avg Household Size
45
Median Age
32%
College-Educated
96%
High-School Grad
70.4 sq mi
ZIP Area
387
Density / Sq Mi
$82,219
Median Household Income
$49,779
Median Earnings
$1,015
Median Rent
$286,500
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The restaurant includes fixtures, personal property, a point-of-sale system, and licenses for immediate occupancy.
Where is this conventional restaurant located?
The property is located at 3650 W Washington St West Bend, WI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8,022 square feet under roof on a 1.99‑acre site; Restaurant fixtures and personal property included; Point‑of‑sale system and licenses included
