0 Silver Lk, Silver Lake, WI 53170
This exceptional 5,500 square foot retail and restaurant space in Kenosha County offers a unique opportunity. Currently fully vacant, the property features two divisible spaces, with a minimum of 2,000 square feet and a maximum contiguous space of 3,500 square feet. The property boasts a highly desirable location in Silver Lake, known for its vibrant atmosphere and proximity to popular neighborhoods. The space includes 52 indoor and 100 outdoor seats, perfect for a restaurant or similar establishment. A significant advantage is the inclusion of a Type 47 liquor license, allowing for on-site alcohol sales and consumption. The lease runs through 2031 with a single five-year option. The monthly rent is $25,683, with a key money requirement of $500,000. Parking is readily available with four dedicated garage spots plus valet service for events. A live music permit allows for outdoor performances until 9 pm on weekdays and 10 pm on weekends. Hours of operation are 11:00 am to 2:00 am daily for the interior space and 11:00 am to midnight daily for the exterior space. This turnkey operation presents a rare chance to establish a thriving business in a sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.