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Corner-Lot Coffee Shop
For Sale
$580,000

403 S Main St, West Bend, WI 53095

Updated café with indoor seating, an outdoor porch, dedicated parking, and included operating equipment.

Property Size1,981 SF
Price / SF$292.78
Days on Market84

Property Features for 403 S Main St

General Information

Standard status Active
Size 1,981 SF

Additional Details

Business Included Yes
Corner Location Yes

Amenities

indoor seating
outdoor porch area

Building Details

Year Built 1951
Listing Agency: Forward Realty Partners
Listed By: Angelica Hostos Garro
Source: Nikolicgroup
Added: Jul 26 Changed: Oct 11 Last Checked: Oct 16 at 1:11PM

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 Forward Realty Partners

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Investment Insights

Based on property information with market context.

This coffee shop occupies a 1951-built property with indoor customer seating and an outdoor porch area. Multiple updates and renovations have been completed, and the sale includes the equipment, furniture, and business supplies used in the operation. The property is identified with Bussiness zoning.

Positioned on a corner lot in downtown West Bend, the café includes dedicated parking and an established physical setup for continued coffee shop operations. The included furnishings and equipment provide a functional foundation for maintaining the current concept or adapting the space to a new operating vision.

Key Highlights

  • Coffee shop property built in 1951
  • Corner‑lot position in downtown West Bend
  • Indoor seating plus an outdoor porch area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,062
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,240 $481.2K
Cap Rate 7%
$343,743 $343.7K
Cap Rate 9%
$267,356 $267.4K
Market Conditions
NOI Build-Up for 1,981 SF
Gross rent
$35.7K $18.00/SF
− Vacancy
−$1.3K −$0.65/SF
EGI
$34.4K $17.35/SF
− OpEx
−$10.3K −$5.21/SF
NOI
$24.1K $12.15/SF
Area
Washington County, WI
Vacancy
3.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,240
Cap Rate 7%
$343,743
Cap Rate 9%
$267,356

Alternative Uses

Best Use
Retail
$343.7K
$300.8K – $401.0K (±1% cap)
NOI $24,062 @ 7.0% cap · market cap 4.15%
Second Best
Specialty Retail
$306.9K
$268.6K – $358.1K (±1% cap)
NOI $21,484 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$544.6K
$476.5K – $635.4K (±1% cap)
NOI $38,122 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

No Way Cafe ... Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
TownePlace Suites by Marriott Hotels & Casinos
1,894 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • No Way Cafe LLC — 403 S Main St, West Bend, WI 53095
  • Hometown Nutrition West Bend — 135 N 6th Ave, West Bend, WI 53095
  • The Hub - Social Good Brews — 303 Water St, West Bend, WI 53095

Frequently Asked Questions

What type of property is this?
Coffee shop - Updated café with indoor seating, an outdoor porch, dedicated parking, and included operating equipment.
Where is this coffee shop located?
The property is located at 403 S Main St West Bend, WI.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Coffee shop property built in 1951; Corner‑lot position in downtown West Bend; Indoor seating plus an outdoor porch area
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