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Bar & Grill with Outdoor Patio

W6278 Greenville Drive, Greenville, WI 54952

For Sale
New
$1,500,000

An indoor stage and private-event room add entertainment and gathering space to the operation.

Property Size5,600 SF
Price / SF$267.86
Days on Market4

Property Features for W6278 Greenville Drive

General Information

Standard status Active
Size 5,600 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Business Included Yes
Patio Yes
Currently Operating Yes

Amenities

indoor stage
VIP Room

Building Details

Building Size 5,600 SF
Year Built 2005
Listing Agency: Coaction Real Estate, LLC
Listed By: Jason Rieckmann · License #9060393
Source: Coactionrealestate
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 3:00PM

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 Coaction Real Estate, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 5,600-square-foot bar and grill was built in 2005 and has undergone updates. A newly constructed 2,500-square-foot patio provides additional seating and event space. Inside, a recently added stage supports live entertainment, while a VIP room accommodates private functions.

The property is in Greenville, Wisconsin, near hotels, sports complexes, the airport, and major roadways. Its zoning is Commercial.

Key Highlights

  • 5,600‑square‑foot bar and grill built in 2005
  • Newly constructed 2,500‑square‑foot outdoor patio
  • Indoor stage for live music and entertainment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$84,496
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,689,920 $1.7M
Cap Rate 7%
$1,207,086 $1.2M
Cap Rate 9%
$938,844 $938.8K
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$117.6K $21.00/SF
− Vacancy
−$4.9K −$0.88/SF
EGI
$112.7K $20.12/SF
− OpEx
−$28.2K −$5.03/SF
NOI
$84.5K $15.09/SF
Area
Outagamie County, WI
Vacancy
4.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,689,920
Cap Rate 7%
$1,207,086
Cap Rate 9%
$938,844

Alternative Uses

Best Use
Specialty Retail
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,496 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $108,080 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sidelines Greenville Bar & Pub Sidelines Sports Pub ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Auto Parts Store Nail Salon

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Electronics 58% Shops & Services 42%
Verizon Electronics
2,543 visits/mo 0.3 miles
Capital Credit Union Shops & Services
1,836 visits/mo 0.5 miles

Demographics for 54952, WI

27,216
Population
12,412
Households
2.2
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
969
Density / Sq Mi
$67,280
Median Household Income
$44,765
Median Earnings
$906
Median Rent
$190,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Bars & Pubs in Outagamie County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

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  • Greenville station — N, 1865 Municipal Dr, Greenville, WI 54942

Frequently Asked Questions

What type of property is this?
Bar & Pub - An indoor stage and private-event room add entertainment and gathering space to the operation.
Where is this bar & pub located?
The property is located at W6278 Greenville Drive Greenville, 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: 5,600‑square‑foot bar and grill built in 2005; Newly constructed 2,500‑square‑foot outdoor patio; Indoor stage for live music and entertainment
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Includes: Price & PSF · Cap rate · Location · Zoning

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