Freestanding Restaurant and Real
For Sale
Contact for pricing
811 N Frontage, Wisconsin Dells, WI 53965
For sale restaurant property operating with existing on-site business in Wisconsin Dells, Wisconsin.
Property Size4,950 SF
Price / SF$323.23
Days on Market59
Property Features for 811 N Frontage
General Information
Standard status
Active
Size
4,950 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Year Built
999
Units
1
Listing Agency:
Plato Commercial Real Estate, LLC
Listed By:
Kent Yan · License #WI 52374-090
(608) 698-6833
Source:
Crexi
Added: Jul 10
Changed: Sep 2
Last Checked: Sep 1 at 12:30PM
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 Plato Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
Offered for sale is a combined restaurant and real estate opportunity with an existing restaurant operation on site. The property is sized to support a standalone food service business as currently configured.
Located at 811 N Frontage in Wisconsin Dells, the property sits in a well-known vacation market associated with water parks, family attractions, and entertainment. The restaurant is currently operated by local operators.
This is a single-asset offering that includes both the real estate and the restaurant operation, providing an all-in-one option for qualified buyers looking for a ready-to-operate food service business in Wisconsin Dells.
Located at 811 N Frontage in Wisconsin Dells, the property sits in a well-known vacation market associated with water parks, family attractions, and entertainment. The restaurant is currently operated by local operators.
This is a single-asset offering that includes both the real estate and the restaurant operation, providing an all-in-one option for qualified buyers looking for a ready-to-operate food service business in Wisconsin Dells.
Key Highlights
- For sale restaurant property in Wisconsin Dells, WI, operating with an existing on‑site business
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,818
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,276,360
$1.3M
Cap Rate 7%
$911,686
$911.7K
Cap Rate 9%
$709,089
$709.1K
Market Conditions
NOI Build-Up for 4,950 SF
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.
Gross rent
$89.1K $18.00/SF
− Vacancy
−$4.0K −$0.81/SF
EGI
$85.1K $17.19/SF
− OpEx
−$21.3K −$4.30/SF
NOI
$63.8K $12.89/SF
Area
Columbia County, WI
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,276,360
Cap Rate 7%
$911,686
Cap Rate 9%
$709,089
Alternative Uses
Best Use
Specialty Retail
$911.7K
$797.7K – $1.06M
NOI $63,818 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$973.1K – $1.30M
NOI $77,845 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53965, WI
11,361
Population
6,792
Households
1.7
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
168.7 sq mi
ZIP Area
67
Density / Sq Mi
$65,237
Median Household Income
$36,823
Median Earnings
$938
Median Rent
$211,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale restaurant property operating with existing on-site business in Wisconsin Dells, Wisconsin.
Where is this conventional restaurant located?
The property is located at 811 N Frontage Wisconsin Dells, WI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: For sale restaurant property in Wisconsin Dells, WI, operating with an existing on‑site business
