2983 Lawrence Dr, De Pere, WI 54115-9415
This exceptional commercial property, located at 2983 Lawrence Dr in De Pere, Wisconsin (zip code 54115), presents a unique investment opportunity. The property consists of two buildings on a 1.3-acre lot, zoned for commercial use. The main building, a 4,000 square foot, two-story structure, houses Mack's Pub and Grill, a turnkey restaurant operation. The bar area features two workstations, a point-of-sale system, a full kitchen equipped with a hood and pizza oven, and ample cooler space. The asking price is $650,000, translating to $162.50 per square foot. The second floor includes a spacious, approximately 1,300 square foot, two-bedroom apartment, ideal for rental income or owner occupancy. A separate 2,000 square foot storage building provides additional space. The property enjoys a prime location at the intersection of Interstate 41 and Lawrence Drive in the desirable Town of Lawrence, offering excellent visibility and accessibility. Ample parking is available. This owner/user opportunity combines a thriving restaurant business with significant rental income potential, making it an attractive investment in a high-demand location. The property is classified as Class C with multi-tenancy.
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Mack's Pub and Grill Bar & Pub 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
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.