8205 Klevenville Riley Road Verona, WI 53593
COMMERCIAL - Verona, WI
Property Features for 8205 Klevenville Riley Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMM
- Interior features
- Public rest rooms, Private Restrooms, Inside storage, Outside storage
- Standard status
- Active
- APN
- 0607-024-0245-1
- Size
- 6,059 SF
- Lot size
- 0.72 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10173
Building Details
- Number of units
- 2
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Joel Hedeman License #5649390158310 (608) 325-2000
Listing office First Weber Hedeman Group 1500 10th St, Monroe, WI (608) 325-2000
Listing date Apr 28, 2026
Copyright © 2026 REALTORS® Association of South Central Wisconsin. 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 in Verona, WI, Riley Tavern is described as being in a now-bustling area between Madison, Verona, and Mount Horeb, and adjacent to the Military Ridge bike trail. The property is also marketed as supporting quality food service, outdoor entertainment, and event use, including weddings and live music.
Key Highlights
- Riley Tavern has been operating since 1948 and is positioned as an established business ready for new ownership
- Outdoor amenities include a covered front porch, 75 x 90 green space, detached event space with roll‑up garage doors, and a covered patio
- Interior features include public rest rooms and private restrooms, plus inside and outside storage
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 | $109.1k | $18.00 |
| − Vacancy | −$5.9k | −$0.97 |
| EGI | $103.2k | $17.03 |
| − OpEx | −$25.8k | −$4.26 |
| NOI | $77.4k | $12.77 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Riley Tavern — 8205 Klevenville-Riley Rd, Verona, WI 53593
