Waterfront Restaurant and
739 Riverfront Dr Sheboygan, WI 53081
New
739 Riverfront Dr, Sheboygan, WI, 53081
$759,000
For Sale
$759,000
COMMERCIAL - Sheboygan, WI
Property Size4,094 SF
Price / SF$185.39
Days on Market1
Property Features for 739 Riverfront Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 59281109920
- Size
- 4,094 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12120
Building Details
- Year built
- 1990
- Architectural style
- Other
Listing Agency
Century 21 Moves
(920) 451-2345
3100 Wilgus Avenue, Sheboygan, WI
Listed by
Beth Gotwald · License #92166-94
(920) 912-0883
Added: Jul 17 Checked: Jul 17 at 11:06 pm
MLS# 1972222
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.
Investment Insights
Based on property information with market context.
Located along the Sheboygan River, this waterfront restaurant and bar features a handcrafted bar that anchors expansive gathering areas. The interior includes exposed beams, warm wood finishes, and oversized windows, with open dining areas flowing throughout. An expansive deck connects the building to the river setting.
The property also includes a commercial kitchen intended to support culinary operations, special events, and other future uses. Zoning is listed as Commercial.
The second story has soaring ceilings and an open floor plan that the listing describes as suitable for luxury events, offices, loft-style living, or storage. The offering is presented as a for-sale commercial property at 739 Riverfront Dr, Sheboygan, WI 53081.
The property also includes a commercial kitchen intended to support culinary operations, special events, and other future uses. Zoning is listed as Commercial.
The second story has soaring ceilings and an open floor plan that the listing describes as suitable for luxury events, offices, loft-style living, or storage. The offering is presented as a for-sale commercial property at 739 Riverfront Dr, Sheboygan, WI 53081.
Key Highlights
- Built in 1990
- Waterfront property along the Sheboygan River with an expansive deck
- Handcrafted bar and expansive gathering spaces with exposed beams and warm wood finishes
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.7k | $18.00 |
| − Vacancy | −$1.9k | −$0.47 |
| EGI | $71.8k | $17.53 |
| − OpEx | −$17.9k | −$4.38 |
| NOI | $53.8k | $13.15 |
4,094 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$769.0K
$672.9K – $897.2K
NOI $53,832 @ 7.0% cap · market cap 7.09%
Second Best
Industrial
$366.6K
$320.8K – $427.7K
NOI $25,663 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$892.2K
$780.7K – $1.04M
NOI $62,457 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Sundance Saloon — 1509 S 12th St, Sheboygan, WI 53081
- Sharpie's On Broadway — 1645 S 12th St, Sheboygan, WI 53081
- Doug's Skip'er Inn — 808 Broadway Ave, Sheboygan, WI 53081
- Kaddyshack LLC — 1502 S 13th St, Sheboygan, WI 53081
- Happy Valley — 1509 S 12th St, Sheboygan, WI 53081
FAQs
What type of property is this?
Bar & Pub - Waterfront restaurant and bar with a commercial kitchen, expansive deck, and a second-story open floor plan.
Where is this bar & pub located?
The property is located at 739 Riverfront Dr Sheboygan, WI.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Built in 1990; Waterfront property along the Sheboygan River with an expansive deck; Handcrafted bar and expansive gathering spaces with exposed beams and warm wood finishes
