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    Elkhorn, WI
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    Elkhorn, WI Restaurants for Sale

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    Restaurant and Banquet Redevelopment
    Updated: Jun 24
    Restaurant and Banquet Redevelopment

    720 N Wisconsin St, Elkhorn, WI 53121

    $1,567,000
    13,702 sqft 3.57 AC lot
    13,702 sq ft 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
    Separate entrance for the banquet space
    B‑2 zoning; located on high‑traffic Hwy 67 near Hwy 12
    197 parking spaces and a partial basement
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Lake Koshkonong Supper Club Opportunity
    Lake Koshkonong Supper Club Opportunity

    11802 N Charley Bluff, Milton, WI 53563

    $1,600,000
    5,987 sqft

    Turnkey supper club with lake frontage and residence.

    View details
    Restaurant and Laundromat Property
    Restaurant and Laundromat Property

    16-18 Front Street, Milton, WI 53563

    $749,900
    3,040 sqft

    Turnkey commercial property combining an equipped pizza restaurant and fully operational laundromat.

    View details
    Established Harvard Restaurant Opportunity
    Established Harvard Restaurant Opportunity

    9999 Confidential Street, Harvard, IL 60033

    $395,000
    0.06 AC lot

    Turn-key breakfast and lunch restaurant for sale in Harvard, IL.

    View details
    Commercial Building Near Downtown Harvard
    Commercial Building Near Downtown Harvard

    400 N Division Street, Harvard, IL 60033

    $198,500
    0.06 AC lot

    Commercial building near downtown Harvard with drive-through potential.

    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.

    Commercial Land in Growing Area
    Commercial Land in Growing Area

    407 North 6th Street, Waterford, WI 53185

    $49,900
    27,007 sqft 0.62 AC lot

    Opportunity in a rapidly developing commercial location with high traffic.

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    B4 Zoned Commercial Development Land
    B4 Zoned Commercial Development Land

    1901 Holiday Drive, Janesville, WI 53545

    $375,000
    0.72 AC lot

    Commercial land zoned B4 near Uptown Janesville Mall and Woodman’s Sports and Convention Center.

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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.

    View details
    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.

    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 2 restaurants for sale in Elkhorn, WI on our real estate platform. These investment opportunities span a total of 13,702 square feet of properties for sale, with an estimated market value of $1,567,000.

    Sale prices for restaurant properties in Elkhorn, WI start at $1,567,000, averaging $1,567,000, 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

    Bars & Pubs 1
    Conventional restaurants 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 $1.6M

    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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