You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants

1222 Alverno Rd Manitowoc, WI 54220-9784

8,627 SF 1.37 ac lot Built 1940
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US92-0028799
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving, turnkey bar and banquet hall located at 1222 South Alverno Rd, Manitowoc, WI 54220. Boasting 8,627 square feet on a 3.69-acre lot, this established business, operating as Knox's Silver Valley since 2004, enjoys a long-standing reputation for its excellent food, ambiance, and memorable events. The property includes a fully equipped kitchen, oversized walk-in coolers and freezer, ample storage, a security system, and a point-of-sale (POS) system. Recent renovations have enhanced the building's prime condition, featuring new hardwood and linoleum floors, street-view commercial windows, and a steel roof. The property also offers 100 parking stalls, a significant advantage for hosting large events such as weddings, anniversaries, funerals, business meetings, and private parties. Located within city limits, the property benefits from city water and sewer services. Seller financing is available. This is a rare opportunity to acquire a well-established, profitable business with significant potential for continued growth. The property is conveniently located on the edge of town, providing easy access for patrons.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Total area 8,627 SF
Lot 1.37 ac (59,764 SF)
APN 52-828-404-115.00
UPID US92-0028799
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
  • Silver Valley Bar & Banquet Bar & Pub
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
Knox Ventures LLC · 16 yrs held
Knox Ventures LLC
since 2009
6 recorded transactions
2009
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1222 Alverno Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message