51 Water St, Markesan, WI 53946-8586
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.
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
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.