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    1437 Main St West Bend, WI 53095

    • Commercial real estate
    • 3,124 SF
    • 0.47 lot acres
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US92-0704206
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Visionworks / Optician / Sunglasses Store
    • Jeffrey Clements, OD / Optometrist
    • William Dick, OD / Optometrist
    • Christopher Pollock, O.D. / Optometrist

    Property Details for 1437 Main St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.47 lot acres
    Property size
    3,124 SF
    Property type
    Commercial real estate
    APN
    1119-243-0014
    APU
    11192430014

    Description

    This exceptional restaurant property, located at 1437 & 1505 S Main St in West Bend, Wisconsin, presents a lucrative investment opportunity. Boasting a substantial 6,772 square feet of space, this well-established property sits on a generous 1.47-acre lot. Built in 1980, the building is zoned B-1, allowing for a variety of commercial uses. The property's strategic location offers excellent walkability and easy access to US-45, placing it within a thriving retail trade area. A significant advantage is its position directly across from a new regional tenant development, promising increased foot traffic and enhanced visibility. This high-density area ensures a consistent flow of potential customers, making this a highly desirable location for a restaurant or similar business. The asking price for this remarkable property is $2,200,000. This is a rare chance to acquire a well-situated, sizable restaurant property in a rapidly growing area. Don't miss this opportunity to establish or expand your business in a prime West Bend location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $245,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $285,000
      Mixed-Use
      $285,000
      Hospitality
      $255,000
      Educational
      $250,000
      Residential Income
      $290,000
      Energy
      $245,000
      Income-Based Land
      $295,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    West Bend
    County
    Washington
    State
    Wisconsin
    Longitude
    -88.1805
    Latitude
    43.4024
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,350
    $247,100
    $161,700
    $408,800
    -
    $311,453
    $417,739
    $729,192

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    1437 Main St
    West Bend, WI 53095
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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