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    8405 27Th St Franklin, WI 53132

    Sponsored
    For Sale
    $2,500,000

    Turnkey Restaurant, Redevelopment Potential, High Visibility

    Property size:
    5,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Franklin, Wisconsin property presents a unique investment opportunity encompassing a thriving Italian restaurant and bar with a substantial apartment above. Located on the high-visibility 27th Street corridor, the 5,280 square foot building sits on a 3.2-acre lot and includes 50 parking spaces. The restaurant itself occupies approximately 3,800 square feet and boasts a seating capacity of approximately 75, with a popular pizza carry-out and delivery service currently in operation. All furniture, fixtures, and equipment are included in the sale price of $2,500,000. Above the restaurant is a spacious 1,480 square foot, two-bedroom, one-bathroom apartment. The property's B-4 and R-3 zoning allows for a wide range of potential uses, making it an ideal redevelopment opportunity. The property features two separate APNs: 8329897000

    Property Features for 8405 27Th St

    General Information

    Property type
    Restaurants
    Square Feet
    5,280 SF
    Lot Size
    139,392 SF

    HighLights

    • Established Italian restaurant with popular pizza takeout and delivery.
    • FF&E included.
    • High‑visibility 27th Street location.
    • Includes a 2‑bedroom, 1‑bathroom apartment.
    • Flexible zoning allows for diverse uses.
    • Excellent redevelopment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9513569
    Latitude
    42.8920895

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Redevelopment Potential, High Visibility
    Where is this restaurant located?
    The property is located at 8405 27Th St Franklin, 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: Established Italian restaurant with popular pizza takeout and delivery.; FF&E included.; High-visibility 27th Street location.
    Request Owner's contact information
    8405 27Th St Franklin, WI 53132
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    Franklin, WI 53132
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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
    8405 27Th St Franklin, WI 53132
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