229 Wisconsin Ave Waukesha, WI 53186-4926
This exceptional turnkey opportunity presents the chance to acquire 229 Wisconsin Avenue, a renowned Waukesha restaurant established in 1997. Situated on a 0.39-acre lot in Waukesha's historic district, this 4,780 square foot property holds a significant place in the community and is listed on the National Register of Historic Places. The sale includes all fixtures, furniture, and equipment (FF&E), eliminating the need for extensive upfront investment. This established business offers immediate revenue potential for a new owner. The property's prime location within the historic district ensures high visibility and foot traffic, contributing to its long-standing success. The building itself offers ample space for both dining and operational areas, providing flexibility for potential expansion or adaptation to suit a new owner's vision. This is a rare chance to own a piece of Waukesha's history and a thriving, established business. The asking price is $499,000. Serious inquiries only. All information is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.
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Eric's Porter Haus Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Waukesha, WIWaukesha. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.