Drive-In Restaurant with
For Sale
$449,750
514 S Water St, Sparta, WI 54656
COMMERCIAL - Sparta, WI
Property Size950 SF
Lot Size0.32 Acres
Price / SF$473.42
Days on Market9
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
Amenities
full basement
spacious canopy
office
central air
Building Details
Year built
1960
Number of units
1
Roof type
Metal
Listing Agency:
RE/MAX Preferred · RE/MAX International
(608) 356-4100
Listed By:
Scott Schroeder · License #5913790
(608) 617-2727
Added: Aug 11
Changed: Aug 19
Last Checked: Aug 19 at 8:06PM
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.
This 950-square-foot drive-in restaurant occupies a 0.32-acre parcel and was built in 1960. The property includes a spacious canopy for outdoor seating, 15 vehicle ordering menus, a full basement for storage, an office, two restrooms, central air, multiple coolers and freezers, and updated equipment. The building has a metal roof and operates seasonally from April through August, with 35 employees supporting the business.
Located at 514 S Water St in Sparta, the property sits along the town’s main thoroughfare with a reported traffic count of over 10,000/day. It is directly across from access to the Sparta-Elroy Trail, a Wisconsin bike trail known for its tunnels and village passages. Commercial zoning is identified as Comm.
Located at 514 S Water St in Sparta, the property sits along the town’s main thoroughfare with a reported traffic count of over 10,000/day. It is directly across from access to the Sparta-Elroy Trail, a Wisconsin bike trail known for its tunnels and village passages. Commercial zoning is identified as Comm.
Key Highlights
- 950 square feet on a 0.32‑acre parcel
- 15 vehicle ordering menus beneath a spacious outdoor canopy
- Full basement, office, two restrooms, central air, coolers, and freezers
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
McDonald's
Dining
20,899 visits/mo
0.5 miles
Starbucks
Dining
12,235 visits/mo
0.5 miles
Taco Bell
Dining
6,797 visits/mo
0.5 miles
SUBWAY
Dining
4,324 visits/mo
0.5 miles
BP
Shops & Services
3,873 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Seasonal drive-in operation with outdoor seating, updated equipment, and dedicated vehicle ordering stations.
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 $449,750.
What are key features of this property?
This property features: 950 square feet on a 0.32‑acre parcel; 15 vehicle ordering menus beneath a spacious outdoor canopy; Full basement, office, two restrooms, central air, coolers, and freezers
