Restaurant with Upstairs
For Sale
$550,000
5221 E 4th St, Superior, WI 54880
The dining space includes seasonal outdoor seating, with a separate upstairs residence above the restaurant.
Property Size4,200 SF
Days on Market430
Property Features for 5221 E 4th St
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Business
Additional Details
Business Included
Yes
Patio
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$3,952
Building Details
Building Size
4,200 SF
Listing Agency:
RE/MAX Professionals - Ashland
Listed By:
Mark Hoglund · License #86821-94
(715) 682-2561
Source:
Visionsfirstrealty
Added: Aug 21, 2025
Changed: Oct 23
Last Checked: Jun 26 at 9:42PM
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 RE/MAX Professionals - Ashland
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Investment Insights
Based on property information with market context.
Eddie’s Supper Club at 5221 E 4th St in Superior, Wisconsin, combines a restaurant with an upstairs apartment offering 2+ bedrooms. The dining operation serves Wisconsin supper club fare, homemade sides and an extensive drink selection. Outdoor seating extends the dining area during warmer weather, and the property has parking and recent updates.
The restaurant has operated in Superior for more than 80 years and has received local and regional culinary awards for its ribs. It also recently participated in the NFL Taste of the Draft event in Green Bay.
The restaurant has operated in Superior for more than 80 years and has received local and regional culinary awards for its ribs. It also recently participated in the NFL Taste of the Draft event in Green Bay.
Key Highlights
- Restaurant and upstairs apartment at 5221 E 4th St, Superior, WI 54880
- Upstairs apartment has 2 plus bedrooms
- Outdoor seating for warmer‑weather dining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,525
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,500
$850.5K
Cap Rate 7%
$607,500
$607.5K
Cap Rate 9%
$472,500
$472.5K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$75.6K $18.00/SF
− Vacancy
−$7.6K −$1.80/SF
EGI
$68.0K $16.20/SF
− OpEx
−$25.5K −$6.07/SF
NOI
$42.5K $10.13/SF
Area
Douglas County, WI
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,500
Cap Rate 7%
$607,500
Cap Rate 9%
$472,500
Alternative Uses
Best Use
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,696 @ 7.0% cap · market cap 16.85%
Second Best
Mixed Use
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 7.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Hotels & Casinos 5%
Holiday Station Store
Shops & Services
18,467 visits/mo
0.4 miles
Super 8 Superior WI
Hotels & Casinos
953 visits/mo
0.3 miles
Demographics for 54880, WI
30,400
Population
14,325
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
166.1 sq mi
ZIP Area
183
Density / Sq Mi
$66,942
Median Household Income
$40,813
Median Earnings
$901
Median Rent
$176,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The dining space includes seasonal outdoor seating, with a separate upstairs residence above the restaurant.
Where is this conventional restaurant located?
The property is located at 5221 E 4th St Superior, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Restaurant and upstairs apartment at 5221 E 4th St, Superior, WI 54880; Upstairs apartment has 2 plus bedrooms; Outdoor seating for warmer‑weather dining
