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Algoma, WI

Restaurants

Algoma, WI Restaurants for Sale

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Turn-Key Restaurant on Highway 42

Updated: Nov 22, 2024

Turn-Key Restaurant on Highway 42

2217 Lake Street, Algoma, WI 54201

$189,900

0.33 AC lot

Includes all equipment needed to operate a sandwich shop.
Zoned C‑3, permitting many different commercial options.
High visibility with a 22' road sign on Hwy 42.
Convenient location minutes from downtown Algoma and a short distance to Door County.
Seating for 32 in the lobby and parking for 20 cars**.

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 16 Potential Opportunities for your consideration. Besides 1 Active listings in Algoma, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

Tavern and Restaurant with Drive-Through Potential

Tavern and Restaurant with Drive-Through Potential

8952 County Rd C, Sturgeon Bay, WI 54235

$199,900

2,695 sqft 0.58 AC lot

Former Wisconsin tavern with bar and dining seating, outdoor BBQ area, and a back storage building; sold as-is where-is.

Shell Gas Station with Car Wash

Shell Gas Station with Car Wash

1331 Green Bay Rd, Sturgeon Bay, WI 54235

$2,900,000

6,102 sqft 2.23 AC lot

C1-zoned facility combines fuel service, convenience retail, a car wash, and two restaurants under long-term leases.

Restaurant With Upstairs Apartments

Restaurant With Upstairs Apartments

301 Ellis St, Kewaunee, WI 54216

$289,000

4,645 sqft

Commercial restaurant property with a fully equipped kitchen and two residential units above.

Convenience Store & Gas Station

Convenience Store & Gas Station

202 Milwaukee St, Kewaunee, WI 54216

$1,600,000

2,106 sqft

Amaco fuel station with double pumps, convenience store food service, and 11 waterfront RV sites with docks.

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 Development Land

Commercial Development Land

3188 FINGER Road, Green Bay, WI 54311

$500,000

4.24 AC lot

Commercial development parcel with public utilities and natural gas available, zoned Agricultural, Residential.

Prime Land in Egg Harbor

Prime Land in Egg Harbor

Hwy 42, Egg Harbor, WI 54209

$429,000

0.18 AC lot

Commercial land in the heart of Egg Harbor, Wisconsin.

Menasha Commercial Land for Sale

Menasha Commercial Land for Sale

730 Lake Park Road, Menasha, WI 54952

Contact for pricing

2.66 AC lot

2.66 acre commercial land in a high-growth area.

Highway Commercial Land

Highway Commercial Land

Manistee Highway, Manistee, MI 49660

$94,900

0.60 AC lot

Level commercial site with public water and cable available.

Off-Market Properties in Algoma, WI

Consider similar Off-Market properties in Algoma, 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.

2217 Lk St

DRIVE-THRU RESTAURANT, FAST FOOD

2217 Lk St, Algoma, WI 54201-2005

$150,000

Estimated value

1,445 sqft

824 4th St

DRIVE-THRU RESTAURANT, FAST FOOD

824 4th St, Algoma, WI 54201-1348

$250,000

Estimated value

1,365 sqft

133 Water St

RESTAURANT

133 Water St, Algoma, WI 54201-1146

$265,000

Estimated value

2,772 sqft 0.23 AC lot

Algoma, WI 54201

BAR, TAVERN

Algoma, WI 54201

$275,000

Estimated value

4,384 sqft 1.94 AC lot

709 Water St

RESTAURANT

709 Water St, Algoma, WI 54201-1101

$270,000

Estimated value

2,779 sqft

518 4th St

DRIVE-THRU RESTAURANT, FAST FOOD

518 4th St, Algoma, WI 54201-1222

$250,000

Estimated value

2,332 sqft

527 4th St

BAR, TAVERN

527 4th St, Algoma, WI 54201-1221

$285,000

Estimated value

4,931 sqft

Algoma, WI Restaurants Market Trends and Statistics

Explore 8 restaurants for sale in Algoma, WI on our real estate platform.

Sale prices for restaurant properties in Algoma, WI average $189,900 — 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

Demographics Overview

Population 5,178

Population Growth (5Y) -0.2%

Median Household Income $65,772

College Educated 26.0%

Taxes & Financing

Tax Rate (average for all types) 2.14%

Property Tax per SF $16.26 per SF

Tax Rate vs County Average 0.34 pp above county avg

Average Loan-to-Value 65.0%

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