Mixed Use & Multifamily Bldg | Operational Restaurant
Turn-key business & 16,000+ SF Bldg for sale | 2 Leased Units Up | Multi-family & Mixed-Use Opp
Marketing description
The Westview Property, in the heart of West Salem, WI is prime investment real estate with opportunity to fit any multi-family, restaurant, store-front & mixed-use “Main Street” portfolio. Currently a turn-key Supper Club with attractive financials and 2 leased units on 2nd level, the 16,932 sf building independently appraised at $752K in August 2025. Added income opportunity with adjacent vacant, full kitchen cafe plus addt’l M/W bathrooms, and/or multi-family conversion with 4,732 sf warehouse space on 2nd level. In addition to the business for sale on the main level, there are 2 leased units upstairs, along with plenty of additional unused space.
The operational business also for sale is the Westview Inn - a nostalgic, all-welcoming restaurant with the perfect blend of Midwestern charm and hearty, comforting cuisine. Fully staffed and extremely profitable, the turn-key local gem is proudly one of the last thriving supper clubs in the La Crosse region. Independently owned & operated by the same local family for 25 years it holds true to supper club traditions with great steaks, a standout Friday Fish Fry, anticipated dinner specials, a generous salad bar & Sunday brunch. Homemade old fashioneds at the cozy 360 bar packed with memorabilia & stories, the full experience keeps clientele strong and loyal. With its established foundation, Westview sources locally & hosts community events & luncheons.
Conveys with all business assets, including personal property, sealed food/beverage/liquor, mechanicals, equipment, leases - including tenant and parking lot leases, Tradename & goodwill. Exclusions: non-transferrable licenses, leased equipment and select memorabilia.
Financials available for qualified buyers with executed NDA.
Investment highlights
A turnkey supper club deeply rooted in local, Wisconsin culture & reputation. A venue that balances nostalgic ambiance with forward-looking, efficient operations. A restaurant that strengthens community ties while offering classic culinary traditions.
$1,157,181 Valuation [Westview Inn + Real Estate]
CAP Rates
NOI: $181,717 16% cap [pro-forma]
NOI: $219,913 19% cap [2024 operations]
Building Appraisal $751,928 [August 2025]
Restaurant Valuation methods range: $295K - $520K
Financials support thriving 30 yr family-owned restaurant
16,116 sqft above grade + basement storage/liquor cellar
1,600 sqft banquet room
7,000 sqft mixed-use 2nd story with 16" concrete pour
2 rented apartments [M2M]
2nd operable cafe/bldg included in Real Estate
Leased parking at $525/yr [Canadian Pacific]
Gaming/slots license
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Similar Properties
Is there information that looks off?















