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Property profile & analytics
OFF-MARKET
Commercial real estate

116 Capron St Berlin, WI 54923-1512

Individually Owned 2-yr Hold Free & Clear
Property ID
US92-2324422
Property summary
AI-generated overview

This exceptional 4,364 square foot commercial property, located at 116 N Capron Street in Berlin, Wisconsin, presents a rare opportunity to acquire a well-established and thriving supper club. Boasting a rich history dating back to 1974, this beloved community staple has served generations of loyal patrons. The property sits on a 0.1-acre lot and offers ample street parking for customers. The main building features a spacious dining area with seating for up to 110 guests, complemented by a large, full-service bar. The heart of the operation is a remarkably well-maintained and fully equipped kitchen, a testament to the property's meticulous upkeep. A significant expansion in 1992 doubled the seating capacity and enhanced the bar and kitchen facilities, solidifying its position as a premier dining destination. Adding to its appeal, the property includes a spacious upstairs apartment, offering additional income potential or comfortable living quarters. Priced at $424,980, this turnkey operation is ready for a new owner to continue its legacy and build upon its success. The combination of a strong reputation, loyal customer base, and prime location makes this a truly unique investment opportunity in the vibrant community of Berlin, Wisconsin.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 206-00141-0000
UPID US92-2324422
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
  • Jeff's On the Square Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Timothy Bending · 2 yrs held
Timothy Bending
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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