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Waterfront Restaurant with Patio
New
For Lease
$9,600/Mo

511 Wilmot Ave, Twin Lakes, WI 53181

Established lakeside restaurant with a full kitchen, bar, private pier, and flexible interior and exterior dining areas.

Space Size6,000 SF
Days on Market2

Property Features for 511 Wilmot Ave

General Information

Standard status Active
Size 6,000 SF
Net Rentable 6,000 SF

Space & Availability

Available Space 6,000 SF
Contiguous Space 6,000 SF
Space Use Restaurant

Restaurant

Patio Yes
Equipment Included Yes

Amenities

lake-themed decor
tiki bar
private pier
storage
private rooms

Building Details

Year Built 2001
Listing Agency: Compass Wisconsin-Lake Geneva
Listed By: Keefe & Associates Group* · License #5815690
Source: Tumpanelegacy
Added: Sep 2 Last Checked: Sep 2 at 2:01PM

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 Compass Wisconsin-Lake Geneva

Investment Insights

Based on property information with market context.

Built in 2001, this 6,000-square-foot conventional restaurant offers a substantial operating layout with indoor seating for 150, a full kitchen, and a full bar. Additional components include a lakeside tiki bar, a separate patio accommodating 75 guests, generous storage, and private rooms that can support management space or additional dining use.

The property sits on the shores of Lake Mary in Twin Lakes, with west-facing sunset views and boat-up dining supported by multiple slips on a private pier. Ample parking is available across the street. Its waterfront setting and combination of indoor, patio, and lakeside service areas create a varied restaurant configuration for lease.

Key Highlights

  • 6,000 sq ft restaurant built in 2001
  • Indoor dining capacity for 150 guests
  • Separate patio with seating for 75

Property Analytics

Current Use

Wild Child's Tavern ... Restaurant ATM Atm Pier West Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Pharmacy Auto Parts Store Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$2.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Dollar Tree Shops & Services
5,649 visits/mo 0.5 miles
SUBWAY Dining
2,949 visits/mo 0.3 miles
Associated Bank Shops & Services
2,041 visits/mo 0.5 miles

Demographics for 53181, WI

7,696
Population
4,479
Households
1.7
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
13.7 sq mi
ZIP Area
562
Density / Sq Mi
$93,922
Median Household Income
$55,146
Median Earnings
$1,051
Median Rent
$270,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established lakeside restaurant with a full kitchen, bar, private pier, and flexible interior and exterior dining areas.
Where is this conventional restaurant located?
The property is located at 511 Wilmot Ave Twin Lakes, WI.
What is the lease rate?
The lease rate is $9,600/Mo.
What are key features of this property?
This property features: 6,000 sq ft restaurant built in 2001; Indoor dining capacity for 150 guests; Separate patio with seating for 75
More about this property
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