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

    532 Gateway Ave Mauston, WI 53948

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully equipped restaurant near I-90/94, ready for new owner.

    Property size:
    4,800 SF
    Lot size:
    0.70 Acres

    Property Features for 532 Gateway Ave

    General Information

    Standard status
    Active
    Size
    4,800 SF
    Lot size
    0.70 Acres

    Building Details

    Year built
    1995

    We can help!

    Listing Contact
    Lisa Coughlin Wafle
    Source: Crexi

    Listing Agency: Castle Rock Realty LLC Listing Agent: Lisa Coughlin Wafle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Restaurant Opportunity I-90/94

    This 4800 square foot property presents an exceptional turnkey restaurant opportunity. It is located just off Interstate I-90/94 in a high-visibility, high-traffic corridor. The building underwent a complete remodel in 2013, with additional improvements, including a new roof and updates, completed in 2022. The sale includes all restaurant equipment and fixtures, facilitating a seamless transition for a new owner. The property is ideally positioned for strong exposure with convenient interstate access and consistent traffic flow. This makes it an excellent opportunity for an established restaurant concept, franchise, or hospitality investment. It is a rare turnkey opportunity in a busy commercial area.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Furniture & Home Goods Auto Parts Store Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mauston
    County
    Juneau
    State
    Wisconsin
    Longitude
    -90.0517
    Latitude
    43.7786

    Nearby Similar for Sale

    • $1,200,000
      4,800 SF

      Turnkey Restaurant Opportunity in Mauston

      Fully equipped restaurant near I-90/94, ready for new owner.
      532 Gateway Ave, Mauston, WI 53948
      View Details
    • $449,900
      20.05 Acres

      Two Houses on One Lot

      Two updated, fully furnished homes with river access near attractions.
      W3404 County Road Hh, Mauston, WI 53948
      View Details
    • $1,800,000

      Mauston Industrial Facility For Sale

      44,184 SF industrial facility in Mauston's Industrial Park.
      1011 Veterans St, Mauston, WI 53948
      View Details
    • $219,000
      0.20 Acres

      Mauston Duplex with Spacious Yard

      Two-unit duplex in central Mauston with potential for single-family conversion.
      314 W State St, Mauston, WI 53948
      View Details
    • $850,000
      2.00 Acres

      Established Business in Prime Location

      Multi-generational business for sale with expansion potential on 2+ acres.
      Confidential, Mauston, WI 53948
      View Details
    • $1,800,000

      Industrial Facility in Mauston

      44,184 SF industrial facility designed for manufacturing and distribution.
      1011 Veterans St, Mauston, WI 53948
      View Details
    • $299,900
      2,440 SF

      Mauston Commercial Building - Income Potential!

      Prime location, income-generating property. High return on investment.
      305 State St, Mauston, WI 53948
      View Details
    • $761,500
      4,000 SF

      Highway 58 Commercial Property

      10-Acre Commercial Estate w/ Home
      N2952 Hwy, Mauston, WI 53948
      View Details
    • $850,000

      Established Business Opportunity on 2 Acres

      Multi-generational business for sale in a prime location.
      Confidential, Mauston, WI 53948
      View Details
    • $109,900
      4,000 SF

      Mauston Commercial Property - Huge Potential

      One-acre lot, 4000 sq ft building, prime location.
      118 Washington Ave, Mauston, WI 53948
      View Details
    • $1,200,000
      10,000 SF

      Mauston Commercial Property - 10,000 SF

      Established Business, High-Growth Potential
      Confidential, Mauston, WI 53948
      View Details
    • Contact for pricing
      10,000 SF

      Established Business on 2 Acres

      Multi-generational business for sale with room for expansion.
      601 N Union St, Mauston, WI 53948
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Fully equipped restaurant near I-90/94, ready for new owner.
    Where is this conventional restaurant located?
    The property is located at 532 Gateway Ave Mauston, WI.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity with all equipment and fixtures included.; - Prime location with high visibility and traffic, just off I-90/94.; - Recently remodeled (2013) and updated (2022) 4800 sq ft facility.
    Request Owner's contact information
    532 Gateway Ave Mauston, WI 53948
    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.
    532 Gateway Ave
    Mauston, WI 53948
    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
    532 Gateway Ave Mauston, WI 53948
    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

    We can help!
    Listing Contact
    Lisa Coughlin Wafle
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!