Building Details

Year Built 1920

Listing Agency: Realty Executives Integrity~Brookfield

Listed By: Brian Roslawski · License #9054419 Show Phone

Source: Nikolicgroup

Added: Aug 2 Changed: Oct 1 Last Checked: Oct 7 at 5:07PM

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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 Realty Executives Integrity~Brookfield

Investment Insights

Based on property information with market context.

This conventional restaurant property in Muskego combines dining and event-oriented improvements within a remodeled commercial building. The layout includes a restaurant, a fully equipped bar, a separate event hall with its own bar and stage, and a commercial kitchen serving both areas. Furniture, fixtures, and equipment are included.

The property also offers a brand-new parking lot and a two-bedroom, one-bathroom apartment. Located at S76w17745 Janesville Rd, the building was constructed in 1920 and provides multiple functional components for restaurant and event operations.

Key Highlights

• Restaurant with separate event hall, bar, and stage
• Commercial kitchen serves both the restaurant and event hall
• 2‑bedroom, 1‑bathroom apartment on the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$43,729

Cap Rate

3.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$874,580 $874.6K

Cap Rate 7%

$624,700 $624.7K

Cap Rate 9%

$485,878 $485.9K

Market Conditions

NOI Build-Up for 12,009 SF

Gross rent

$65.7K $5.47/SF

− Vacancy

−$3.2K −$0.27/SF

EGI

$62.5K $5.20/SF

− OpEx

−$18.7K −$1.56/SF

NOI

$43.7K $3.64/SF

Area

Waukesha County, WI

Vacancy

4.90%

Lease Rate

$5.47 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$874,580

Cap Rate 7%

$624,700

Cap Rate 9%

$485,878

Alternative Uses

Best Use

Specialty Retail

$3.72M

$3.26M – $4.34M (±1% cap)

NOI $260,475 @ 7.0% cap · market cap 20.04%

Second Best

Industrial

$624.7K

$546.6K – $728.8K (±1% cap)

NOI $43,729 @ 7.0% cap · market cap 3.36%

Theoretical Best

Flex RnD

$6.13M

$5.36M – $7.15M (±1% cap)

NOI $429,033 @ 7.0% cap · market cap 33.00%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Suburban Bourbon Restaurant Miss Merry Mac Restaurant The Green Fork Restaurant Fresh harvest company Restaurant Ernie's Italian Beef Restaurant

Suggested Use

Top Pick Law Firm Barber Shop (Bike/Boat/Book/etc) Store Computer & Electronic Repair Hair Salon Electrical Service

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

Location Intelligence

Trade Area within ½ mile

349

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 53150, WI

25,804

Population

10,546

Households

2.4

Avg Household Size

46

Median Age

44%

College-Educated

97%

High-School Grad

34.2 sq mi

ZIP Area

755

Density / Sq Mi

$113,125

Median Household Income

$55,085

Median Earnings

$1,230

Median Rent

$390,500

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Remodeled hospitality property with dual bar service, a shared commercial kitchen, and an on-site apartment.

Where is this conventional restaurant located?

The property is located at S76w17745 Janesville Rd Muskego, WI.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Restaurant with separate event hall, bar, and stage; Commercial kitchen serves both the restaurant and event hall; 2‑bedroom, 1‑bathroom apartment on the property