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Restaurant and Bar with Apartments

501 Broad St Lake Geneva, WI 53147

501 Broad St, Lake Geneva, WI, 53147
Contact for pricing
For Sale
Contact for pricing
Pending

Turn-key restaurant and bar offering 80-person seating, with three apartments above that are currently booked.

Days on Market102

Property Features for 501 Broad St

General Information

Standard status
Pending
Property subtype
Retail
Listing agency Melges Real Estate, Llc
Listed by Hans Melges · License #WI 90-58290
Source Crexi
Added: Apr 11 Updated: Jul 20 at 7:21PM Checked: Jul 21 at 5:31AM

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 Melges Real Estate, Llc


Investment Insights

Based on property information with market context.

Medusa Grill & Bistro is a well-established restaurant and bar opportunity with a turn-key operation. The business has been highly regarded in Lake Geneva for the past 10 years and offers an 80-person seating capacity.

The property also includes three apartments above the restaurant and bar. Those units have a five-star rental record and are currently booked for the next three months.

Situated at 501 Broad St, this is a larger building designed to support both dining service below and residential income above.

Key Highlights

  • Turn‑key restaurant and bar with 80‑person seating capacity
  • Well‑established Medusa Grill & Bistro in Lake Geneva for the past 10 years
  • Building includes three apartments above the restaurant/bar

Property Analytics

Location Intelligence

Current Use by Public Records

ZAAB Corner Bistro ... Restaurant

Suggested Use

Accounting Firm Computer & Electronic Repair Kitchen & Bath Showroom Veterinary Clinic Pharmacy Tech Support Center Pet Grooming Service Barber Shop Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Conventional restaurant - Turn-key restaurant and bar offering 80-person seating, with three apartments above that are currently booked.
Where is this conventional restaurant located?
The property is located at 501 Broad St Lake Geneva, WI.
What are key features of this property?
This property features: Turn‑key restaurant and bar with 80‑person seating capacity; Well‑established Medusa Grill & Bistro in Lake Geneva for the past 10 years; Building includes three apartments above the restaurant/bar
Contact an agent
(262) 745-3755 Call to check price and availability
More about this property
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