Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    509-513 2nd St Hudson, WI

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,300,000

    Fully equipped restaurant space in a prime downtown location.

    Type:RETAIL
    Property size:
    5,000 SF
    Lot size:
    0.31 Acres
    Added:
    Oct 6, 2025
    Days on Market:
    178
    Last Refresh:
    Mar 25 at 8:57 pm

    Property Features for 509-513 2nd St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.31 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Tony Schwartz
    Tony Schwartz

    Listing agent Tony Schwartz

    Listing office eXp Realty

    Listing date Oct 6, 2025

    Source Moodyscre

    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 eXp Realty

    Overview

    Turnkey Restaurant in Downtown Hudson

    This turnkey restaurant is located in Historic Downtown Hudson, near the St. Croix River and Hudson’s Boardwalk. The property benefits from its proximity to shops, businesses, and consistent foot traffic. The restaurant space is equipped with existing fixtures, furniture, and equipment. It features seating for up to 120 guests, a bar, private storage areas for kegs, liquor, and dry goods, and a kitchen layout. Ample on-street parking and nearby public parking lots provide convenient access for customers. This location is suitable for expanding a brand or launching a new concept.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    St. Croix
    State
    Wisconsin
    Longitude
    -92.757
    Latitude
    44.975

    Nearby Similar for Sale

    • $1,712

      Prime Hudson Commercial Space

      Well-maintained commercial space in Hudson with excellent visibility.
      2910 Enloe Street, Hudson, WI 54016
      View Details
    • $2,599,000

      Modernized Office Facility in Hudson

      Landmark building with modern upgrades in downtown Hudson, Wisconsin.
      901 4th Street, Hudson, WI 54016
      View Details
    • $544,900

      Hudson Commercial Condo with Upgrades

      End unit condo with style, function, and flexibility.
      663 Valerie Avenue, Hudson, WI 54016
      View Details
    • $3,150,000
      8,609 SF

      Downtown Hudson Multi-Level Office Building

      Multi-level commercial office building in downtown Hudson, built in 2018.
      708 2nd Street, Hudson, WI 54016
      View Details
    • $4,500
      4,000 SF

      Automotive Repair Shop Opportunity

      Operating automotive repair shop available for lease.
      487 County Road A, Hudson, WI 54016
      View Details
    • $3,150,000

      Downtown Hudson Multi-Level Office Building

      Multi-level commercial office building in downtown Hudson with panoramic views.
      708 2nd Street, Hudson, WI 54016
      View Details
    • $3,195,000
      10,062 SF

      Regal Auto Wash & Fuel

      Car wash, detailing, fuel center on 1.20 acres.
      1611 Maxwell Drive, Hudson, WI 54016
      View Details
    • $695,000
      1,601 SF

      Turn Key Restaurant Opportunity

      Turn key restaurant with furniture, fixtures, and equipment included.
      131 Carmichael Rd, Hudson, WI
      View Details
    • $194,900

      Adaptable Commercial Garage Condo

      Versatile 20'x50' unit, customizable for storage, office, or workshop.
      663 Valerie Avenue, Hudson, WI 54016
      View Details
    • $995,000

      Hudson Duplex with Development Potential

      Charming duplex on large lot near St. Croix River.
      617 3rd St, Hudson, WI 54016
      View Details
    • $6,000,000
      49,225 SF

      Retail Property with Drive-In Doors

      Well-maintained retail property with easy access to I-94.
      592-596 Outpost Cir, Hudson, WI
      View Details
    • Contact for pricing
      6,000 SF

      Luxury Condo Garages For Sale

      Premium garage spaces in St. Croix, various sizes, optional mezzanine.
      273 Anderson Scout Camp Trail, Houlton, WI 54082
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Fully equipped restaurant space in a prime downtown location.
    Where is this turn key restaurant located?
    The property is located at 509-513 2nd St Hudson, WI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Turnkey restaurant operation with existing fixtures, furniture, and equipment.; Prime location in Historic Downtown Hudson with high foot traffic and visibility.; Seating capacity for 120 guests, plus a bar area.
    (651) 295-7550
    We can help!
    Listing Contact
    Tony Schwartz
    Tony Schwartz
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!