Standalone Restaurant with
For Sale
$1,250,000
830 Oregon Center Drive, Oregon, WI 53575
Business/Comm, Oregon, WI
Property Size5,600 SF
Lot Size1.85 Acres
Price / SF$223.21
Days on Market113
Property Features for 830 Oregon Center Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Com
Security features
Security System
Interior features
Public rest rooms, Security system, Private office(s)
Lot features
Free standing
Directions
CC to N Bergamont Blvd to Oregon Center D
Subdivision
OREGON - V
Standard status
Active
APN
0509-023-2617-1
Size
5,600 SF
Lot size
1.85 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12305
Amenities
private party room
basement storage
Building Details
Year built
2005
Number of units
1
Roof type
Composition, Shingle
Listing Agency:
Accord Realty
(608) 256-4566
Listed By:
Rick Olstad · License #8254194
(608) 444-3028
Added: Jun 26
Changed: Oct 16
Last Checked: Oct 16 at 10:06PM
MLS# 2026817
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.
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Investment Insights
Based on property information with market context.
This freestanding restaurant and bar property includes furniture, fixtures, and equipment, along with an active liquor license issued by the Village of Oregon. The interior provides an open dining and bar arrangement, a private party room, public rest rooms, private office space, and a security system. Patio seating expands the customer area, while basement storage supports back-of-house operations.
The building contains 5,600 square feet on a 1.85-acre site and was constructed in 2005. Approximately 1,500 square feet of basement storage complements more than 4,300 square feet dedicated to the dining and bar areas. The property is zoned Com and has a shingle and composition roof.
The building contains 5,600 square feet on a 1.85-acre site and was constructed in 2005. Approximately 1,500 square feet of basement storage complements more than 4,300 square feet dedicated to the dining and bar areas. The property is zoned Com and has a shingle and composition roof.
Key Highlights
- More than 4,300 sq. ft. of dining and bar space with an open floor plan
- Approximately 1,500 sq. ft. of basement storage
- Furniture, fixtures, and equipment included in the sale
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.
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Current Use
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped hospitality property with an active liquor license, party room, patio, and basement storage.
Where is this conventional restaurant located?
The property is located at 830 Oregon Center Drive 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: More than 4,300 sq. ft. of dining and bar space with an open floor plan; Approximately 1,500 sq. ft. of basement storage; Furniture, fixtures, and equipment included in the sale
