Bar and Restaurant Turnkey
For Sale
$899,000
N2717 County Road Qq, Farmington, WI 54981
Turnkey bar and restaurant building with a large commercial kitchen, dining room, bar, banquet room, and ample parking.
Property Size8,500 SF
Price / SF$105.76
Days on Market363
Property Features for N2717 County Road Qq
General Information
Standard status
Active
Size
8,500 SF
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$6,757
Listing Agency:
United Country-Udoni & Salan Realty
Listed By:
Joseph Udoni · License #9050828
(715) 258-8800
Source:
Exprealty
Added: Oct 23, 2025
Changed: Oct 7
Last Checked: Oct 19 at 1:25PM
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 United Country-Udoni & Salan Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This turnkey bar and restaurant property includes a large commercial kitchen plus an additional baking kitchen, a spacious dining room, and a bar. The layout also features a banquet room with bar, along with a welcoming foyer entry. Two bathrooms are included, and the property is offered with furniture, fixtures, and equipment for operational readiness.
The building sits on a large parcel along County Road QQ in the King & the Chain O’ Lakes area. An electronic sign is noted, and a new beer garden with a firepit is included. Parking is a key component of the offering, with space for 75+ cars and buses, supporting group and event use.
Overall, the configuration combines foodservice back-of-house, multiple guest areas, and dedicated on-site parking to support a full-service restaurant and bar operation.
The building sits on a large parcel along County Road QQ in the King & the Chain O’ Lakes area. An electronic sign is noted, and a new beer garden with a firepit is included. Parking is a key component of the offering, with space for 75+ cars and buses, supporting group and event use.
Overall, the configuration combines foodservice back-of-house, multiple guest areas, and dedicated on-site parking to support a full-service restaurant and bar operation.
Key Highlights
- Turnkey bar and restaurant building with a large commercial kitchen, dining room, bar, and banquet room
- 8,500 SF building includes an extra‑large commercial kitchen plus a baking kitchen
- Banquet room with bar, plus spacious dining room and bar area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,844
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,236,880
$1.2M
Cap Rate 7%
$883,486
$883.5K
Cap Rate 9%
$687,156
$687.2K
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$84.7K $9.96/SF
− Vacancy
−$2.2K −$0.26/SF
EGI
$82.5K $9.70/SF
− OpEx
−$20.6K −$2.43/SF
NOI
$61.8K $7.28/SF
Area
Waupaca County, WI
Vacancy
2.60%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,236,880
Cap Rate 7%
$883,486
Cap Rate 9%
$687,156
Alternative Uses
Best Use
Specialty Retail
$883.5K
$773.1K – $1.03M
NOI $61,844 @ 7.0% cap · market cap 6.88%
Second Best
Industrial
$713.7K
$624.5K – $832.7K
NOI $49,962 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,450 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 54981, WI
14,998
Population
8,253
Households
1.8
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
131.6 sq mi
ZIP Area
114
Density / Sq Mi
$76,821
Median Household Income
$45,326
Median Earnings
$800
Median Rent
$204,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey bar and restaurant building with a large commercial kitchen, dining room, bar, banquet room, and ample parking.
Where is this conventional restaurant located?
The property is located at N2717 County Road Qq Farmington, WI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Turnkey bar and restaurant building with a large commercial kitchen, dining room, bar, and banquet room; 8,500 SF building includes an extra‑large commercial kitchen plus a baking kitchen; Banquet room with bar, plus spacious dining room and bar area
