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    Restaurant Redevelopment Property Title is generated by Realmo AI

    720 N Wisconsin St, Elkhorn, WI 53121

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    For Sale
    $1,567,000

    Retail - Elkhorn, WI

    Type:Retail
    Property size:
    13,702 SF
    Lot size:
    3.57 Acres
    Price / SF:
    $114/SF
    Added:
    May 21, 2025
    Days on Market:
    395
    Last Refresh:
    Jun 19 at 12:06 am

    Property Features for 720 N Wisconsin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    B-2
    Interior features
    Carpeting, Fixtures, Furniture, Office(s), Paneling, Rest Rooms, Security Equipment
    Exterior features
    Loading Dock, Outside Storage
    Standard status
    Active
    APN
    YU NW 00003
    Size
    13,702 SF
    Lot size
    3.57 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    17227.06

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1963
    Floors in Building
    1
    Building materials
    Steel Siding
    Roof type
    Metal, Rubber
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Sean Levitt
    Sean Levitt

    Listing agent Sean Levitt

    Listing office RE/MAX Plaza 101 Broad St. Suite #102, Lake Geneva, WI 53147, Lake Geneva, WI

    Listing date May 21, 2025

    MLS# 1918869 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑traffic location on Hwy 67 near Hwy 12
    • B‑2 zoning offers redevelopment opportunities
    • Large 3.57‑acre lot with 197 parking spaces
    • Spacious 13,702 sq ft building with a banquet hall boasting a 350‑person capacity
    • Existing infrastructure includes bar, dining room, and loading dock
    • Motivated sellers present an opportunity for negotiation

    Overview

    This sale features a 13,702-square-foot commercial property on 3.57 acres in Elkhorn, Wisconsin. The building was formerly used as a restaurant and banquet hall and includes a bar and dining room, along with a 350-person banquet space. A separate entrance serves the banquet area, and the property also includes a partial basement. With its existing restaurant-oriented improvements, the site can support redevelopment plans while retaining core interior space and access points.

    The property is located near high-traffic Hwy 67 and Hwy 12 and sits in B-2 zoning. The site provides 197 parking spaces, supporting customer arrivals and event attendance. Additional site attributes include the partial basement and the multiple entrances associated with the former banquet setup.

    For buyers and developers, the combination of B-2 zoning, on-site parking, and a dedicated banquet entrance can fit a range of food-and-beverage or event-focused redevelopment concepts, depending on the final plan and approvals. The property’s restaurant and banquet layout offers a starting point for reconfiguration, while the broader site scale supports adaptation to new uses within the B-2 framework.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sperino's Monte Carlo ... Wedding Service Sperino's Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhorn
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.543425
    Latitude
    42.684088

    FAQs

    What type of property is this?
    Restaurant - B-2 zoned restaurant building with bar, dining, and large banquet space on multiple acres with ample parking.
    Where is this restaurant located?
    The property is located at 720 N Wisconsin St Elkhorn, WI.
    What is the asking price?
    The asking price for this property is $1,567,000.
    What are key features of this property?
    This property features: High‑traffic location on Hwy 67 near Hwy 12; B‑2 zoning offers redevelopment opportunities; Large 3.57‑acre lot with 197 parking spaces
    More about this property
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