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For sale
Conventional restaurants
WI
Cornell
54732
401 Bridge Street

Established Restaurant on High-Traffic Highway

401 Bridge Street Cornell, WI 54732

401 Bridge Street, Cornell, WI, 54732

$228,000

For Sale

$228,000

COMMERCIAL - Cornell, WI

Property Size1,472 SF

Lot Size0.32 Acres

Price / SF$154.89

AddedJun 11, 2025

Days on Market399

Last RefreshJul 14 at 5:06 pm

Property Features for 401 Bridge Street

General Information

Property type: Commercial Sale
Property subtype: Other
Rooms: Basement
Interior features: Furnished, Storage
Exterior features: Lighting
Standard status: Active
APN: 23106-1733-61591707
Size: 1,472 SF
Lot size: 0.32 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Original Plat of Cornell Lots 7 & 8 Blk 17
Tax Annual Amount: 1971

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1970
Building materials: Cedar
Additional Structures: Shed(s), Storage

Listing agent Candice Cossio License #80803-94

Listing office Riverbend Realty Group, LLC 3305 London Rd., Eau Claire, WI

Listing date Jun 11, 2025

MLS# 1592455

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is an established restaurant known for its busy Friday fish fry. The property is located on a high-traffic highway, providing consistent visibility and traffic from travelers heading to outdoor recreational destinations. The restaurant was completely renovated in 2019 and includes a 25x40 outdoor pavilion, offering additional seating suitable for seasonal crowds, private events, and special gatherings. It has a loyal customer base, attracting both local regulars and visitors. This business generates steady income with potential for future growth. A new owner could increase revenue by extending operating hours, adding catering services, or renting out the pavilion. The property is a turn-key opportunity to take over an income-producing business. The 1,472 square foot property is located in Cornell, WI, and sits on a 0.32-acre lot.

Key Highlights

Established, successful restaurant with proven track record and steady income.
High‑traffic highway location ensures consistent visibility and customer flow.
Recently renovated in 2019, offering a modern and updated space.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

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 (±1% cap)

NOI $57,204 @ 7.0% cap · market cap 25.09%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sam's Place & Diner Restaurant

Suggested Use

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For sale
Conventional restaurants
WI
Cornell
54732
401 Bridge Street

What type of property is this?

Conventional restaurant - Successful restaurant with high visibility and growth potential.

Where is this conventional restaurant located?

The property is located at 401 Bridge Street 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: Established, successful restaurant with proven track record and steady income.; High‑traffic highway location ensures consistent visibility and customer flow.; Recently renovated in 2019, offering a modern and updated space.