Mixed-Use Property with
6053 Rock Falls Road, Luxemburg, WI 54217
For Sale
New
$249,900
A connected one-bedroom apartment and separate garage complement the restaurant and bar space.
Property Size1,948 SF
Price / SF$128.29
Days on Market4
Property Features for 6053 Rock Falls Road
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Listing Agency:
Mark D Olejniczak Realty, Inc.
(920) 432-1007
Listed By:
Mark Jr Olejniczak · License #9475751
(920) 265-4367
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 3:00PM
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 Mark D Olejniczak Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 1937, this B-1 Community Business property combines a restaurant and bar with a connected one-bedroom, one-bathroom apartment. The dining area seats 36, with additional capacity for more than 20 at the bar. A detached 30-by-30-foot garage provides separate outbuilding space, and the property includes a large parking area.
Key Highlights
- Restaurant and bar with seating for 36 in the dining area and 20+ at the bar
- Connected 1‑bedroom/1‑bath apartment
- Detached 30x30 garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,162
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,240
$403.2K
Cap Rate 7%
$288,029
$288.0K
Cap Rate 9%
$224,022
$224.0K
Market Conditions
NOI Build-Up for 1,948 SF
Gross rent
$35.1K $18.00/SF
− Vacancy
−$2.8K −$1.44/SF
EGI
$32.3K $16.56/SF
− OpEx
−$12.1K −$6.21/SF
NOI
$20.2K $10.35/SF
Area
Kewaunee County, WI
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,240
Cap Rate 7%
$288,029
Cap Rate 9%
$224,022
Alternative Uses
Best Use
Specialty Retail
$380.7K
$333.1K – $444.2K
NOI $26,649 @ 7.0% cap · market cap 10.66%
Second Best
Mixed Use
$288.0K
$252.0K – $336.0K
NOI $20,162 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$454.2K
$397.4K – $529.9K
NOI $31,791 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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Business Placement
Demographics for 54217, WI
7,713
Population
3,265
Households
2.4
Avg Household Size
42
Median Age
26%
College-Educated
95%
High-School Grad
112.0 sq mi
ZIP Area
69
Density / Sq Mi
$85,893
Median Household Income
$46,822
Median Earnings
$956
Median Rent
$255,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A connected one-bedroom apartment and separate garage complement the restaurant and bar space.
Where is this mixed-use property located?
The property is located at 6053 Rock Falls Road Luxemburg, WI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Restaurant and bar with seating for 36 in the dining area and 20+ at the bar; Connected 1‑bedroom/1‑bath apartment; Detached 30x30 garage
