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    2949 Triverton Pike Dr Fitchburg, WI 53711

    Sponsored
    For Sale
    $2,500,000

    Prime Fitchburg location, fully equipped, 14,300 sq ft.

    Property size:
    14,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey restaurant opportunity is located at 2949 Triverton Pike Drive in Fitchburg, Wisconsin. The property boasts a substantial 14,300 square feet of space, spread across two stories, including a main floor and a basement. Built in 2004, the building sits on a 2.23-acre lot with ample parking – a significant 119 parking stalls are available. Currently vacant, this property presents a unique chance for immediate occupancy. All furniture, fixtures, and equipment are included in the asking price of $2,500,000. The property is zoned PDD-SIP, offering flexibility for various uses beyond a restaurant. Imagine the possibilities: continue operations as a restaurant, transform it into an event venue, or adapt the space for other commercial or retail purposes. The property's size and location make it an ideal investment for a discerning buyer seeking a move-in ready establishment in a thriving Dane County market. The property's Assessed Parcel Number (APN) is 255/0609-091-0886-1. This is a rare opportunity to acquire a well-situated, fully equipped commercial property in a desirable Wisconsin location. The property's size and features make it suitable for a wide range of commercial ventures.

    Property Features for 2949 Triverton Pike Dr

    General Information

    Property type
    Restaurants
    Square Feet
    14,300 SF
    Lot Size
    97,139 SF

    Building Details

    Year Built
    2004
    Stories
    2
    Units
    1

    HighLights

    • Turnkey restaurant opportunity in Fitchburg, WI.
    • 14,300 SF building on a 2.23‑acre lot with 119 parking stalls.
    • Built in 2004, currently vacant.
    • FF&E included in $2,500,000 asking price.
    • PDD‑SIP zoning allows for flexible commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4303036
    Latitude
    43.0147094

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    FAQs

    What type of property is this?
    Restaurant - Prime Fitchburg location, fully equipped, 14,300 sq ft.
    Where is this restaurant located?
    The property is located at 2949 Triverton Pike Dr Fitchburg, WI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Turnkey restaurant opportunity in Fitchburg, WI.; 14,300 SF building on a 2.23-acre lot with 119 parking stalls.; Built in 2004, currently vacant.
    Request Owner's contact information
    2949 Triverton Pike Dr Fitchburg, WI 53711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2949 Triverton Pike Dr Fitchburg, WI 53711
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