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Bar Property With Living Quarters
For Sale
$399,900

W4254 County Road K, Random Lake, WI 53075

Y, Random Lake, WI

Property Size3,082 SF
Lot Size3.52 Acres
Price / SF$129.75
Days on Market321

Property Features for W4254 County Road K

General Information

Property type Commercial Sale
Property subtype Other
Zoning Res, comm
Directions HWY 57, East On HWY K
Standard status Active
APN 59006068340
Size 3,082 SF
Lot size 3.52 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2721

Building Details

Year built 1885
Architectural style Other
Listing Agency: Boss Realty, LLC
Listed By: Thomas Zernia · License #5745190
Added: Nov 20, 2025 Changed: Sep 25 Last Checked: Oct 7 at 5:06PM
MLS# 1943684

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1885, this 3,082-square-foot property combines a bar-oriented commercial setting with living quarters within the building. A carved bar and tin ceilings provide distinctive interior features, while the integrated residential component supports an owner-occupied configuration.

The property encompasses 3.52 acres at W4254 County Road K in Random Lake, Wisconsin. Zoning is identified as “Res, comm,” supporting the property’s combined residential and commercial character.

Key Highlights

  • 3,082‑square‑foot building on 3.52 acres
  • Built in 1885
  • Carved bar and decorative tin ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,584
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,680 $671.7K
Cap Rate 7%
$479,771 $479.8K
Cap Rate 9%
$373,156 $373.2K
Market Conditions
NOI Build-Up for 3,082 SF
Gross rent
$53.6K $17.40/SF
− Vacancy
−$8.8K −$2.87/SF
EGI
$44.8K $14.53/SF
− OpEx
−$11.2K −$3.63/SF
NOI
$33.6K $10.90/SF
Area
Sheboygan County, WI
Vacancy
16.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,680
Cap Rate 7%
$479,771
Cap Rate 9%
$373,156

Alternative Uses

Best Use
Specialty Retail
$578.9K
$506.6K – $675.4K (±1% cap)
NOI $40,525 @ 7.0% cap · market cap 10.13%
Second Best
Office B
$479.8K
$419.8K – $559.7K (±1% cap)
NOI $33,584 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$671.7K
$587.7K – $783.6K (±1% cap)
NOI $47,018 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Gym & Fitness Center Bar & Pub

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

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53075, WI

3,219
Population
1,475
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
94%
High-School Grad
36.5 sq mi
ZIP Area
88
Density / Sq Mi
$90,917
Median Household Income
$49,385
Median Earnings
$890
Median Rent
$273,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Mirror Bar — W4254 Co Rd K, Random Lake, WI 53075

Frequently Asked Questions

What type of property is this?
Bar & Pub - Historic commercial property with a carved bar, tin ceilings, and integrated living quarters.
Where is this bar & pub located?
The property is located at W4254 County Road K Random Lake, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,082‑square‑foot building on 3.52 acres; Built in 1885; Carved bar and decorative tin ceilings
More about this property
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