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Turnkey Restaurant in Saint Germain
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438 WI-70, Saint Germain, WI 54558

Well-known restaurant for sale in a four-season recreation area.

Property Size6,000 SF
Price / SF$88.17
Days on Market774

Property Features for 438 WI-70

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail
Occupancy 100%

Building Details

Units 2
Tenancy Single
Listing Agency: Re/Max Property Pros
Listed By: Denise Goldsworthy · License #39293-90
Source: Crexi
Added: Jul 30, 2024 Changed: Sep 5 Last Checked: Sep 11 at 6:45AM

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 Re/Max Property Pros

Investment Insights

Based on property information with market context.

Located in the heart of the Northwoods four-season recreation area, this turnkey restaurant is a well-known establishment. Situated in downtown St. Germain, the property offers convenient access to snowmobile and biking trails. The full-service dining establishment, known as KNOCKER'S, features a fully equipped and immaculate kitchen. Recent improvements include updated restrooms. The bar area provides seating for 56 patrons, while the dining room accommodates approximately 100. The business benefits from both seasonal and local clientele. The property size is 6,000 square feet.

Key Highlights

  • Turnkey restaurant business in a prime Northwoods location.
  • High average cap rate of 32.17% based on P&L statements.
  • Easy access to snowmobile and biking trails.

Property Analytics

Current Use

Conventional restaurants

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54558, WI

2,215
Population
2,655
Households
0.8
Avg Household Size
60
Median Age
23%
College-Educated
96%
High-School Grad
43.2 sq mi
ZIP Area
51
Density / Sq Mi
$62,404
Median Household Income
$38,348
Median Earnings
$856
Median Rent
$234,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Well-known restaurant for sale in a four-season recreation area.
Where is this conventional restaurant located?
The property is located at 438 WI-70 Saint Germain, WI.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Turnkey restaurant business in a prime Northwoods location.; High average cap rate of 32.17% based on P&L statements.; Easy access to snowmobile and biking trails.
More about this property
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