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Restaurant with Upstairs Apartment
For Sale
$380,000

W12704 County Road M, Caroline, WI 54928

The operating restaurant also includes a catering business and a separately accessed apartment above.

Property Size4,668 SF
Price / SF$81.41
Days on Market8

Property Features for W12704 County Road M

General Information

Standard status Active
Size 4,668 SF

Building Details

Year Built 1900
Listing Agency: Evermore Realty
Listed By: A.J. Schmid
Source: Moving2greenbay
Added: Sep 30 Changed: Oct 5 Last Checked: Oct 5 at 9:07PM

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 Evermore Realty

Investment Insights

Based on property information with market context.

This 4,668-square-foot restaurant property includes an operating supper club and catering business, along with a three-bedroom, one-bath apartment on the upper floor. The apartment has its own entrance. A walk-in cooler, basement supply storage, several additional storage areas, and a rear service entrance support the restaurant operation. Heating is provided by a natural gas furnace, with central air conditioning. The property dates to 1900.

A detached 28-by-48-foot garage has electricity and two overhead doors. An asphalt parking area is adjacent to the garage. Gaming machines, an arcade, and a jukebox are rented under an arrangement that shares proceeds with the owner.

Key Highlights

  • Operating supper club and catering business included with the real estate
  • Upstairs apartment has 3 bedrooms, 1 full bath, and a separate entrance
  • 4,668 SF property, originally built in 1900

Property Analytics

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Current Use

Conventional restaurants

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54928, WI

425
Population
187
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
95%
High-School Grad
11.1 sq mi
ZIP Area
38
Density / Sq Mi
$72,375
Median Household Income
$51,719
Median Earnings
$193,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The operating restaurant also includes a catering business and a separately accessed apartment above.
Where is this conventional restaurant located?
The property is located at W12704 County Road M Caroline, WI.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Operating supper club and catering business included with the real estate; Upstairs apartment has 3 bedrooms, 1 full bath, and a separate entrance; 4,668 SF property, originally built in 1900
More about this property
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