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Turnkey Restaurant Property
For Sale
$449,900

N1016 County Road L, Watertown, WI

Fully equipped restaurant with operational assets and ample parking on a spacious site for continued or new hospitality use.

Property SizeContact for details
Lot Size3.35 Acres
Days on Market51

Property Features for N1016 County Road L

General Information

Standard status Active
Lot size 3.35 Acres

Additional Details

Business Included Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $2,547
Listing Agency: Unified Jones Auction & Realty
Listed By: Stan Jones · License #5122790
Source: Exprealty
Added: Jun 22 Changed: Aug 8 Last Checked: Aug 10 at 9:26AM

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 Unified Jones Auction & Realty

Investment Insights

Based on property information with market context.

This turnkey restaurant property is being offered due to retirement and includes the restaurant building along with the full set of operational components. The offering comprises kitchen equipment, bar equipment, furnishings, fixtures, and other operational assets related to day-to-day restaurant use, allowing a buyer to focus on continuing operations rather than starting from scratch.

Located just north of Watertown on County Road L, the property sits on 3.345 acres and is designed to support both local patrons and travelers. The site includes ample parking and is presented with the visibility and convenient access needed for customer-facing dining.

For a restaurateur or hospitality operator, the package brings together real estate and the equipment required to run the business. It may also fit buyers seeking a hospitality expansion with existing infrastructure already in place, or those evaluating alternate commercial uses that can be supported by the improved, turnkey facility and sizable grounds.

Key Highlights

  • Turnkey restaurant property north of Watertown on County Road L, including the restaurant building and operational assets
  • 3.345‑acre site with ample parking for patrons and travelers
  • Includes all kitchen equipment and bar equipment

Property Analytics

Current Use

Steve's Bar Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Law Firm Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

784
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant with operational assets and ample parking on a spacious site for continued or new hospitality use.
Where is this conventional restaurant located?
The property is located at N1016 County Road L Watertown, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Turnkey restaurant property north of Watertown on County Road L, including the restaurant building and operational assets; 3.345‑acre site with ample parking for patrons and travelers; Includes all kitchen equipment and bar equipment
More about this property
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