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Elkhorn, WI Restaurants for Sale

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Restaurant and Banquet Facility
Updated: Jun 26
Restaurant and Banquet Facility

720 N Wisconsin St, Elkhorn, WI 53121

$1,567,000
13,702 sqft 3.57 AC lot
13,702 SF commercial building on 3.57 acres in Elkhorn, WI
Former Sperino's restaurant and banquet hall with bar, dining room, and 350‑person banquet space
Banquet space has a separate entrance
Located on high‑traffic Hwy 67 near Hwy 12
B‑2 zoning and 197 parking spaces on site
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Restaurant Storefront with Walk-Up Service
Updated: May 11
Restaurant Storefront with Walk-Up Service

30 S Wisconsin St, Elkhorn, WI 53121

$130,000
648 sqft
Conventional commercial storefront in the heart of Elkhorn, previously operated as a pizza shop
Includes a full kitchen setup for food service concepts
Features a walk‑up/dining area
For sale as‑is
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Elkhorn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Dual Drive-Thru 7 Brew Coffee Lease
Dual Drive-Thru 7 Brew Coffee Lease

1738 East Geneva Street, Delavan, WI 53115

$1,436,000
1.60 AC lot

Brand-new dual drive-thru 7 Brew Coffee in Wisconsin, secured by a 15-year absolute NNN ground lease.

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Freestanding Restaurant Building
Freestanding Restaurant Building

801 Williams Street, Lake Geneva, WI 53147

Contact for pricing
14,968 sqft

Former restaurant facility with substantial on-site parking near downtown Lake Geneva.

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Restaurant Building with Drive-Thru
Restaurant Building with Drive-Thru

1265 E Geneva St, Delavan, WI 53115

Contact for pricing
3,600 sqft

Restaurant building available for sale and/or lease with an on-site drive-thru.

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Restaurant and Bar with Apartments
Restaurant and Bar with Apartments

501 Broad St, Lake Geneva, WI 53147

Contact for pricing

Turn-key restaurant and bar offering 80-person seating, with three apartments above that are currently booked.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

B4 Commercial Land Site
B4 Commercial Land Site

1901 Holiday Drive, Janesville, WI 53545

$375,000
0.72 AC lot

B4-zoned commercial site across from Uptown Janesville Mall.

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Waukesha Vacant Land For Sale
Waukesha Vacant Land For Sale

Lt2 Lawnsdale Rd, Waukesha, WI 53189

$309,000
1.43 AC lot

1.43 acre corner lot with high traffic visibility.

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Johnsburg, IL Commercial Land
Johnsburg, IL Commercial Land

Johnsburg Road lot: 52, Johnsburg, IL 60050

$350,000
4.46 AC lot

4.46 acre commercial land for sale in Johnsburg, IL.

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Corner Commercial Land
Corner Commercial Land

530 Main Street, Antioch, IL 60002

$680,000
0.81 AC lot

Corner parcel with two curb cuts and water available for commercial development.

View details

Off-Market Properties in Elkhorn, WI

Consider similar Off-Market properties in Elkhorn, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

120 O'connor Dr
Individual retail properties

120 O'connor Dr, Elkhorn, WI 53121

Value Estimation by Request
7,490 sqft 2.16 AC lot
View details

Elkhorn, WI Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Elkhorn, WI on our real estate platform. These investment opportunities span a total of 14,350 square feet of properties for sale, with an estimated market value of $1,697,000.

Sale prices for restaurant properties in Elkhorn, WI start at $130,000, averaging $848,500, and reaching up to $1,567,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 1

Demographics Overview

Population 19K
Population Growth (5Y) -0.4%
Median Household Income $83,635
College Educated 41.6%

High-Yield Neighborhoods for Investment

Identify Elkhorn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53121 $848.5K

Taxes & Financing

Tax Rate (average for all types) 1.53%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Walworth County

New Delisted

Total CRE Inventory on Market (SF)

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