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Rudy’s Drive-In Restaurant
For Sale
$450,000

514 S Water St, Sparta, WI 54656

COMMERCIAL - Sparta, WI

Property Size950 SF
Lot Size0.32 Acres
Price / SF$473.68
Days on Market22

Property Features for 514 S Water St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Interior features Public rest rooms, Private Restrooms
Lot features Business district, Corner, Free standing, High Traffic Location, High Visibility, Near Major Highway
Directions Corner of Water St and Wisconsin St (Hwy 16)
Subdivision SPARTA - C
Standard status Active
APN 281-00786-0000
Size 950 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6793

Building Details

Year built 1960
Number of units 1
Roof type Metal
Listing Agency: RE/MAX Preferred · RE/MAX International
Listed By: Scott Schroeder · License #5913790
Added: Jul 20 Changed: Aug 10 Last Checked: Aug 10 at 3:06PM
MLS# 2028474

Copyright © 2026 REALTORS® Association of South Central 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.

Rudy’s is a drive-through restaurant occupying a well-maintained 950-square-foot building constructed in 1960. The property includes a full basement, metal roof, central air, multiple coolers and freezers, updated equipment, an office, and two restrooms. A spacious canopy provides covered outdoor seating, while 15 vehicle ordering menus support drive-in service. The business operates from April through August and has 35 employees.

Located at 514 S Water St in Sparta, the property sits on the town’s main thoroughfare and records traffic of over 10,000/day. It is directly across from access to the Sparta-Elroy Trail, a Wisconsin bike trail known for its three tunnels and passages through small villages. Thursday Cruise Nights are an established part of the business’s operating tradition.

Key Highlights

  • Drive‑through restaurant at 514 S Water St, Sparta, WI 54656
  • 950‑square‑foot building on 0.32 acres, built in 1960
  • 15 vehicle ordering menus with covered outdoor seating under a spacious canopy

Property Analytics

Current Use

Rudy's Drive In Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 13%
Kwik Trip Shops & Services
41,782 visits/mo 0.5 miles
Cenex Shops & Services
9,320 visits/mo 0.5 miles
Burger King Dining
7,717 visits/mo 0.5 miles
Morrie's Sparta Ford Shops & Services
1,488 visits/mo 0.5 miles

Demographics for 54656, WI

18,411
Population
7,630
Households
2.4
Avg Household Size
40
Median Age
20%
College-Educated
93%
High-School Grad
282.3 sq mi
ZIP Area
65
Density / Sq Mi
$70,605
Median Household Income
$41,357
Median Earnings
$924
Median Rent
$201,400
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Established seasonal restaurant with outdoor seating, updated equipment, and a full basement for storage.
Where is this drive through restaurant located?
The property is located at 514 S Water St Sparta, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Drive‑through restaurant at 514 S Water St, Sparta, WI 54656; 950‑square‑foot building on 0.32 acres, built in 1960; 15 vehicle ordering menus with covered outdoor seating under a spacious canopy
More about this property
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