Turn-Key Restaurant with Outdoor
401 Bridge St Cornell, WI 54732
For Sale
$228,000
Established restaurant renovated in 2019, featuring an outdoor pavilion for additional seasonal and event seating.
Property Size1,472 SF
Price / SF$154.89
Days on Market408
Property Features for 401 Bridge St
General Information
- Standard status
- Active
- Size
- 1,472 SF
Listing Agency:
Riverbend Realty Group, LLC
(715) 206-0132
Listed By:
Candice Cossio · License #80803-94
(715) 206-0132
Source:
Exprealty
Added: Jun 11, 2025
Changed: Jul 22
Last Checked: Jul 23 at 11:08AM
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 Riverbend Realty Group, LLC
Investment Insights
Based on property information with market context.
This established restaurant is offered as a turn-key opportunity and is well-known for its busy Friday fish fry. The property underwent a complete renovation in 2019 and includes a 25x40 outdoor pavilion that adds additional seating for seasonal crowds, private events, and special gatherings.
The restaurant is conveniently located on a high-traffic highway, supported by visibility and steady traffic from travelers heading to the area’s outdoor recreational destinations.
The sale includes the operating concept and facilities in place, with the pavilion providing an additional on-site space for gatherings throughout the year.
The restaurant is conveniently located on a high-traffic highway, supported by visibility and steady traffic from travelers heading to the area’s outdoor recreational destinations.
The sale includes the operating concept and facilities in place, with the pavilion providing an additional on-site space for gatherings throughout the year.
Key Highlights
- Restaurant renovated in 2019
- Established restaurant known for its busy Friday fish fry
- Includes a 25x40 outdoor pavilion for additional seasonal and event seating
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 | $27.9k | $18.96 |
| − Vacancy | −$1.2k | −$0.80 |
| EGI | $26.7k | $18.16 |
| − OpEx | −$6.7k | −$4.54 |
| NOI | $20.1k | $13.62 |
1,472 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$286.5K
$250.7K – $334.2K
NOI $20,053 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$817.2K
$715.1K – $953.4K
NOI $57,204 @ 7.0% cap · market cap 25.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sam's Place & Diner
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Established restaurant renovated in 2019, featuring an outdoor pavilion for additional seasonal and event seating.
Where is this conventional restaurant located?
The property is located at 401 Bridge St Cornell, WI.
What is the asking price?
The asking price for this property is $228,000.
What are key features of this property?
This property features: Restaurant renovated in 2019; Established restaurant known for its busy Friday fish fry; Includes a 25x40 outdoor pavilion for additional seasonal and event seating
