Turnkey Restaurant and
For Sale
$1,250,000
830 Oregon Center Dr, Oregon, WI 53575
Standalone restaurant and bar features an open main dining and bar area, private party room, and patio seating with basement storage.
Property Size5,600 SF
Price / SF$223.21
Days on Market95
Property Features for 830 Oregon Center Dr
General Information
Standard status
Active
Size
5,600 SF
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Amenities
private party room
patio seating
Building Details
Year Built
2005
Tenancy
Single
Listing Agency:
Accord Realty
Listed By:
Rick Olstad · License #8254194
(608) 444-3028
Source:
Soldinmadison
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 7 at 12:55PM
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 Accord Realty
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Investment Insights
Based on property information with market context.
This turnkey standalone restaurant and bar is fully equipped and ready to operate. The sale includes all furniture, fixtures, and equipment, and the property includes an active liquor license issued through the Village of Oregon. The main dining and bar space features an open floor plan, a private party room, and patio seating, with approximately 1,500 sq. ft. of basement storage.
The property is located at 830 Oregon Center Dr in Oregon, WI. Ownership is motivated to sell and will consider leasing to experienced, qualified operators.
The layout supports both everyday service and private events, with dedicated basement storage for back-of-house operations.
The property is located at 830 Oregon Center Dr in Oregon, WI. Ownership is motivated to sell and will consider leasing to experienced, qualified operators.
The layout supports both everyday service and private events, with dedicated basement storage for back-of-house operations.
Key Highlights
- Standalone restaurant and bar built in 2005, fully equipped for operation
- Includes active liquor license from the Village of Oregon
- Main dining and bar space spans over 4,300 sq. ft. with an open floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,518
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,360
$1.4M
Cap Rate 7%
$1,021,686
$1.0M
Cap Rate 9%
$794,644
$794.6K
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$100.8K $18.00/SF
− Vacancy
−$5.4K −$0.97/SF
EGI
$95.4K $17.03/SF
− OpEx
−$23.8K −$4.26/SF
NOI
$71.5K $12.77/SF
Area
Dane County, WI
Vacancy
5.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,360
Cap Rate 7%
$1,021,686
Cap Rate 9%
$794,644
Alternative Uses
Best Use
Specialty Retail
$1.02M
$894.0K – $1.19M
NOI $71,518 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,093 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53575, WI
17,320
Population
7,036
Households
2.5
Avg Household Size
41
Median Age
47%
College-Educated
97%
High-School Grad
55.3 sq mi
ZIP Area
313
Density / Sq Mi
$110,388
Median Household Income
$64,251
Median Earnings
$1,223
Median Rent
$384,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Standalone restaurant and bar features an open main dining and bar area, private party room, and patio seating with basement storage.
Where is this conventional restaurant located?
The property is located at 830 Oregon Center Dr Oregon, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Standalone restaurant and bar built in 2005, fully equipped for operation; Includes active liquor license from the Village of Oregon; Main dining and bar space spans over 4,300 sq. ft. with an open floor plan
