Property summary
This exceptional opportunity presents the sale of a well-established restaurant located at 520 S Pearl Street, New London, Wisconsin, 54961-1473. The property, encompassing two Waupaca County tax IDs (33 12 77270 and 33 12 77261), includes a substantial 4300 square foot building and all its contents. The sale includes a complete turnkey operation, offering a seamless transition for a new owner. Years of successful operation have built a loyal clientele and a strong reputation for delicious breakfasts, lunches, and dinners. The restaurant boasts a full bar with a liquor license, making it a versatile and profitable venture. Extensive equipment is included in the sale, encompassing grills, a sham, fryers, toasters, dishes, tables, chairs, coolers, freezers, and salad bars, along with existing decor. The restaurant has a significant seating capacity, accommodating nearly 200 patrons, ideal for banquets and large gatherings. Inventory will be transferred via a separate Bill of Sale. The asking price is $699,000. Private showings are required
Property profile
VerifiedCap rate & NOI
Current use
-
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 New London 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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