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Property profile & analytics
OFF-MARKET
Commercial real estate

N4494 State Highway 42 Kewaunee, WI 54216

3,725 SF 1.16 ac lot Built 1930
Property ID
Property summary
AI-generated overview

This exceptional turnkey business opportunity presents a well-established bar and restaurant located just north of Kewaunee, Wisconsin, and a convenient 30-minute drive to Door County. Operating since the 1930s, this profitable establishment boasts a loyal clientele and consistent year-round income. The spacious 3,725 square foot building sits on a 1.16-acre lot and features a fully equipped commercial kitchen, including a Blodgett commercial pizza oven, a full stainless steel natural gas range, several stainless steel upright refrigerators, and three walk-in coolers (two currently in use). Additional kitchen equipment includes an ice machine, stainless steel service counter areas, and a commercial oil filter for the fryer. The bar area is fully stocked with bar stools and tables. The dining room comfortably seats 48 patrons. All dining chairs and tables are included in the sale. The upper level of the building is currently undergoing remodeling and will include four bedrooms, a bathroom, kitchen, and living room upon completion. A beautiful backyard complements the property. Leased items, including ice bins, gaming machines, an ATM, and soda/CO2 tanks, will be transferred to the new owner upon completion of all lease agreements, which will be provided prior to closing. This is a rare opportunity to acquire a thriving, long-standing business with significant potential for continued growth and success.

Property profile
Verified
Property type Commercial real estate
Year built 1930
Total area 3,725 SF
Lot 1.16 ac (50,530 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
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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