Italian Restaurant with
584 W Johnson St, Fond du Lac, WI 54935
For Sale
$970,000
The sale includes the restaurant operation, kitchen equipment, and furnishings.
Property Size5,570 SF
Price / SF$174.15
Days on Market503
Property Features for 584 W Johnson St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Business Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Zellner Real Estate
Listed By:
Jason Zellner · License WI #5923790
(920) 960-3898
Source:
Esorgroup
Added: Jun 25, 2025
Changed: Nov 7
Last Checked: Nov 9 at 2:29AM
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 Zellner Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Italian restaurant occupies a 5,570-square-foot building constructed in 2003. The sale includes the restaurant business, kitchen equipment, and furnishings, providing an established restaurant setup. The property is zoned C-2 General Business District and has paved, on-site parking.
Key Highlights
- 5,570‑square‑foot restaurant building
- Built in 2003
- Restaurant business, kitchen equipment, and furnishings included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,037
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,740
$1.4M
Cap Rate 7%
$1,029,100
$1.0M
Cap Rate 9%
$800,411
$800.4K
Market Conditions
NOI Build-Up for 5,570 SF
Gross rent
$100.3K $18.00/SF
− Vacancy
−$4.2K −$0.76/SF
EGI
$96.0K $17.24/SF
− OpEx
−$24.0K −$4.31/SF
NOI
$72.0K $12.93/SF
Area
Fond du Lac County, WI
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,740
Cap Rate 7%
$1,029,100
Cap Rate 9%
$800,411
Alternative Uses
Best Use
Specialty Retail
$1.03M
$900.5K – $1.20M
NOI $72,037 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.21M
$1.06M – $1.41M
NOI $84,820 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
754
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54935, WI
42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes the restaurant operation, kitchen equipment, and furnishings.
Where is this conventional restaurant located?
The property is located at 584 W Johnson St Fond du Lac, WI.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: 5,570‑square‑foot restaurant building; Built in 2003; Restaurant business, kitchen equipment, and furnishings included
