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    Restaurant and Banquet Redevelopment Title is generated by Realmo AI

    720 N Wisconsin St, Elkhorn, WI 53121

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    Claim this Listing
    New
    For Lease
    $1,567,000 SF/Yr $1,789,252,833/Mo (calc)

    Recreation - Elkhorn, WI

    Property size:
    13,702 SF
    Lot size:
    3.57 Acres
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 720 N Wisconsin St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    B2
    Interior features
    Fixtures, Furniture, Inside Storage, Office(s), Rest Rooms
    Exterior features
    Loading Dock
    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
    Rubber
    Architectural style
    Other

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    Sean Levitt
    Sean Levitt

    Listing agent Sean Levitt License #58425-90

    Listing office Real Broker LLC 2005 West Beltline Hwy, Madison, WI 53713, Madison, WI

    Listing date Jun 24, 2026

    MLS# 1969319 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

    • 13,702 sq ft commercial building on 3.57 acres in Elkhorn, WI
    • Former Sperino’s restaurant and banquet hall with bar, dining room, and 350‑person banquet space with a separate entrance
    • B‑2 zoning and high‑traffic Hwy 67 location near Hwy 12
    • 197 parking spaces plus loading dock
    • Built in 1963 with forced‑air natural gas heat and central air cooling
    • Rubber roof; steel siding; partial basement; includes fixtures, furniture, and interior offices/rest rooms

    Overview

    This 13,702-square-foot commercial property on 3.57 acres was formerly Sperino's restaurant and banquet hall. The building includes a bar area and dining room, along with a 350-person banquet space served by a separate entrance. A partial basement is also included, providing additional supporting space for storage or operations. With its current layout and room for reconfiguration, the property is positioned as a redevelopment-focused site for new concepts and operating models.

    The property is located in Elkhorn, Wisconsin, on high-traffic Hwy 67 near Hwy 12. It benefits from B-2 zoning and features 197 parking spaces, supporting convenient customer access for both everyday dining and higher-attendance events.

    For tenants or buyers seeking a food-and-beverage venue with dedicated event capability, the existing bar, dining room, and large banquet footprint can help streamline buildout planning and operational flow. The separate banquet entrance may also support more flexible scheduling for private functions while maintaining a distinct arrival experience. Available for rent, this site provides a practical foundation for restaurant operators and event-driven businesses looking to renovate and re-launch under B-2 zoning.
    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?
    Conventional restaurant - B-2 zoned restaurant building with bar, dining, and a large banquet space plus separate entrance and extensive parking.
    Where is this conventional restaurant located?
    The property is located at 720 N Wisconsin St Elkhorn, WI.
    What is the lease rate?
    The lease rate is $1,567,000.
    What are key features of this property?
    This property features: 13,702 sq ft commercial building on 3.57 acres in Elkhorn, WI; Former Sperino’s restaurant and banquet hall with bar, dining room, and 350‑person banquet space with a separate entrance; B‑2 zoning and high‑traffic Hwy 67 location near Hwy 12
    More about this property
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