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    Twin Lakes, WI
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    Twin Lakes, WI Restaurants for Sale

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    Genoa City, WI Spring Grove, IL Richmond, IL Wilmot, WI Burlington, WI Silver Lake, WI Antioch, IL Salem, WI
    Downtown Multi-Tenant Restaurant Building
    Updated: Nov 16, 2025
    Downtown Multi-Tenant Restaurant Building

    405 N Lake Ave, Twin Lakes, WI 53181

    $925,000
    6,200 sqft 0.67 AC lot
    Downtown commercial property built in 1920
    Opportunity to operate 4 businesses with 3 currently occupied and 1 available to lease
    Current leased space income totals $4,500 per month
    One recently renovated space available for $1,500 per month
    Total current potential rent is $6,000 per month
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    405 N Lake Ave, Twin Lakes, WI 53181

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $79K
      Annual

    • Price @ 7% Cap

      $1.13M
      Above asking

    • Last Sold

      Nov 2019
      $180K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    Four-Unit Mixed-Use Building
    Updated: Nov 16, 2025
    Four-Unit Mixed-Use Building

    405 N Lake Avenue, Twin Lakes, WI 53181

    $925,000
    0.67 AC lot
    Four separate commercial units
    Three of four units currently occupied
    Current tenant uses include a smoke shop, pizzeria, and detail shop
    0.6749‑acre property in Twin Lakes, WI
    COMMR zoning
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Twin Lakes, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Waterfront Tavern with Apartments
    Waterfront Tavern with Apartments

    137-139 Arthur Avenue, Fox Lake, IL 60020

    $579,000
    0.31 AC lot

    Former tavern with seven vacant apartments, lake frontage, piers, and a waterfront deck.

    View details
    Lakefront Tavern and Rental Units
    Lakefront Tavern and Rental Units

    139 Arthur Avenue, Fox Lake, IL 60020

    Contact for pricing
    4,400 sqft

    Lakefront property combining a former tavern space with seven rental units in Fox Lake.

    View details
    Axe Throwing Entertainment Venue
    Axe Throwing Entertainment Venue

    253 Center St, Lake Geneva, WI 53147

    $195,000

    Six professional WATL-standard lanes, a beer and wine bar license, and an equipped kitchen are included.

    View details
    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.

    Prime Commercial Land in Antioch
    Prime Commercial Land in Antioch

    530 Main Street, Antioch, IL 60002

    $680,000
    0.81 AC lot

    High-visibility commercial land with main road frontage near downtown Antioch.

    View details
    Antioch Land for Business Use
    Antioch Land for Business Use

    1207 Main Street, Antioch, IL 60002

    $738,000
    1.64 AC lot

    1.64 acre commercial land parcel in Antioch, Illinois.

    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
    Signalized Intersection Commercial Land
    Signalized Intersection Commercial Land

    NEC Route 176 & Westridge Drive, Island Lake, IL 60042

    $1,500,000
    7.51 AC lot

    Mostly level commercial land with water available at a signalized intersection.

    View details

    Twin Lakes, WI Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Twin Lakes, WI on our real estate platform. These investment opportunities span a total of 6,200 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for restaurant properties in Twin Lakes, WI average $925,000 — 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 2

    Demographics Overview

    Population 7,873
    Population Growth (5Y) +4.7%
    Median Household Income $93,922
    College Educated 33.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    53181 $925K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $46.85 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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