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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

805 Layton Blvd Milwaukee, WI 53215

2,000 SF
Property ID
Property summary
AI-generated overview

This exceptional Milwaukee restaurant opportunity presents a rare chance to acquire a well-established business with a strong reputation. Located at 805 S Layton Blvd, this 2,000-3,000 square foot eatery boasts a prime location at a signalized intersection on National Ave and S Layton Blvd within a strip mall, ensuring high visibility and traffic. Operating since the early 1970s, Honeydip Donuts offers a diverse menu including coffee, sandwiches, and pizza, maintaining consistent hours from 6 am to 10 pm. Recently renovated in 2021, the property features a fully equipped kitchen, including a hood system, allowing for versatile culinary options. The business currently operates under a lease extending to 2035, offering long-term stability. With a reported annual income of $110,000 and a 73.33% cap rate, this presents a compelling investment opportunity with a projected return within 2.5 years. The property includes 50 parking spaces and is zoned for commercial use. The motivated seller is retiring, making this a truly unique acquisition opportunity in a thriving Milwaukee neighborhood.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Honeydip Donuts Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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