Property summary
This exceptional commercial property, located at 151 Progress Drive in Saukville, Wisconsin, presents a unique investment opportunity. The 4,004 square foot building sits on a 1.02-acre lot and is currently operating as a successful Italian restaurant and lounge, a well-established fixture in the Saukville dining scene. Its prime location offers easy access from Highway 43, ensuring high visibility and convenient access for customers. The property boasts ample parking, attractive exterior landscaping, and a welcoming ambiance that contributes to its consistent popularity with both local residents and visitors from further afield. The restaurant's interior is designed to create a memorable dining experience, reflecting the character and charm of traditional Italian hospitality. This turnkey operation offers a substantial opportunity for a new owner to continue the legacy of this thriving business, benefiting from its established reputation and loyal customer base. The sale includes the building and land, providing a complete package for immediate operation or potential redevelopment. The property's size and location make it suitable for a variety of commercial uses, offering flexibility for future expansion or adaptation. This is a rare chance to acquire a well-established business in a desirable location with significant growth potential. The asking price is $999,900.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Saukville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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