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Italian Restaurant with Apartment
For Sale
$575,000

W7404 County Road X, Darien, WI 53115

Established dining property includes a two-bedroom residence above the restaurant for added flexibility.

Property Size3,800 SF
Price / SF$151.32
Days on Market82

Property Features for W7404 County Road X

General Information

Standard status Active
Size 3,800 SF

Additional Details

Business Included Yes

Building Details

Year Built 1972
Listing Agency: Legendary Real Estate Services
Listed By: Legendary team*
Source: Jwregwi
Added: Jul 26 Changed: Oct 7 Last Checked: Oct 7 at 1:22PM

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 Legendary Real Estate Services

Investment Insights

Based on property information with market context.

This established Italian restaurant property includes approximately 3,800 square feet of space and a two-bedroom apartment above the dining operation. The building dates to 1972 and combines restaurant facilities with residential space within the same property.

Located at W7404 County Road X in Darien, Wisconsin, the property offers an existing restaurant use in a community-oriented setting. The upstairs apartment provides a separate residential component that may support owner occupancy or additional flexibility, subject to applicable requirements.

Key Highlights

  • 3,800‑square‑foot restaurant property
  • Two‑bedroom apartment located above the restaurant
  • Italian restaurant use with an established operation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,334
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,680 $1.0M
Cap Rate 7%
$733,343 $733.3K
Cap Rate 9%
$570,378 $570.4K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$72.0K $18.96/SF
− Vacancy
−$3.6K −$0.95/SF
EGI
$68.4K $18.01/SF
− OpEx
−$17.1K −$4.50/SF
NOI
$51.3K $13.51/SF
Area
Walworth County, WI
Vacancy
5.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,680
Cap Rate 7%
$733,343
Cap Rate 9%
$570,378

Alternative Uses

Best Use
Specialty Retail
$733.3K
$641.7K – $855.6K (±1% cap)
NOI $51,334 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store

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

42
Businesses Nearby
Balanced
Demand for This Use

Demographics for 53115, WI

15,884
Population
8,848
Households
1.8
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
71.9 sq mi
ZIP Area
221
Density / Sq Mi
$70,880
Median Household Income
$38,871
Median Earnings
$1,012
Median Rent
$225,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established dining property includes a two-bedroom residence above the restaurant for added flexibility.
Where is this conventional restaurant located?
The property is located at W7404 County Road X Darien, WI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 3,800‑square‑foot restaurant property; Two‑bedroom apartment located above the restaurant; Italian restaurant use with an established operation
More about this property
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