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Turnkey Restaurant and Event Venue

S76W17745 Janesville Rd Muskego, WI 53150

S76W17745 Janesville Rd, Muskego, WI, 53150
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Recently remodeled property includes a fully equipped restaurant, event hall with stage, and a 2BR/1BA apartment.

Property Size12,009 SF
Price / SF$124.91
AddedJul 8
Days on Market8
Last RefreshJul 11 at 3:34 am

Property Features for S76W17745 Janesville Rd

General Information

Standard status
Active
Size
12,009 SF
Property subtype
Retail, Hospitality

Building Details

Year Built
1920

Listing office Realty Executives Integrity Brookfield

Listing date Jul 8, 2026

Source Crexi

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 recently remodeled commercial property is configured as a restaurant and event venue, supported by a fully equipped kitchen designed to serve both spaces. The restaurant includes a fully equipped bar, while the event hall features a separate bar and a stage for hosted events. Additional improvements include a brand-new parking lot. A 2 bedroom, 1 bathroom apartment is also included, providing space that may suit an owner occupant or generate additional rental income.

The building is located in a high-traffic area with reported strong visibility and accessibility, supporting both on-premise dining and event activity. The offering is presented as a turnkey opportunity with all FF&E included.

The layout supports combined operations between the restaurant and event hall, with shared back-of-house functionality through the fully equipped kitchen.

Key Highlights

  • 12,000 SF commercial property built in 1920, recently remodeled
  • Fully equipped restaurant with a fully equipped bar
  • Event hall with separate bar and stage, plus a fully equipped kitchen serving both areas

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $65.7k $5.47
− Vacancy −$3.2k −$0.27
EGI $62.5k $5.20
− OpEx −$18.7k −$1.56
NOI $43.7k $3.64
12,009 SF · lease $5.47/SF/yr · vacancy 4.90% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$3.72M
$3.26M – $4.34M (±1% cap)
NOI $260,475 @ 7.0% cap · market cap 17.37%
Second Best
Industrial
$624.7K
$546.6K – $728.8K (±1% cap)
NOI $43,729 @ 7.0% cap · market cap 2.92%
Theoretical Best
Flex RnD
$6.13M
$5.36M – $7.15M (±1% cap)
NOI $429,033 @ 7.0% cap · market cap 28.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

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

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Dental Office Auto Repair Shop Hair Salon Pharmacy Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Recently remodeled property includes a fully equipped restaurant, event hall with stage, and a 2BR/1BA 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 $1,500,000.
What are key features of this property?
This property features: 12,000 SF commercial property built in 1920, recently remodeled; Fully equipped restaurant with a fully equipped bar; Event hall with separate bar and stage, plus a fully equipped kitchen serving both areas
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