Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    51 Water St, Markesan, WI 53946-8586

    0.19 ac lot
    Individually Owned ~ Est. High Equity
    Property ID
    US92-3152093
    Property summary
    AI-generated overview

    This thriving Markesan, WI diner, located at 51 W Water Street, presents a unique opportunity for an ambitious entrepreneur. Priced at $185,000, this well-established business has been a local favorite for over 19 years, boasting a loyal customer base and daily regulars. The spacious 3,760 square foot building comfortably seats up to 180 patrons, making it ideal for large groups and events. A dedicated back room provides a versatile space for private parties or separate functions, adding to the venue's appeal and revenue potential. The sale includes all existing fixtures and equipment, a comprehensive inventory of which is available upon request. This turnkey operation includes booths, tables, chairs, existing dГ©cor, and a fully equipped commercial kitchen, allowing for immediate commencement of operations. The 0.2-acre lot provides ample space for potential expansion or outdoor seating. This is a chance to acquire a profitable, established business with a strong reputation and loyal clientele in a desirable location. Don't miss this exceptional opportunity to own a piece of Markesan's culinary history.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.19 ac (8,494 SF)
    APN 251-00037-0100
    UPID US92-3152093
    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
    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
    David Haase
    David Haase
    since 2025
    Last sale
    $185,000
    3 recorded transactions
    2025
    $185,000
    2009
    2009
    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 51 Water St?
    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