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27837260
27837263

120 S Wisconsin Dr, Howards Grove, WI 53083

DC
WI 84402-94
NAI Pfefferle
Listed by NAI Pfefferle
$595,000
225 days on market
Updated 18 days ago

120 S. Wisconsin Drive

Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 14,885
Cap Rate 0.71%
NOI $4,200
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 1
Price per SqFt $40
Year Built 1920
Buildings 1
Stories 2
Acreage 2.170
Zoning Commercial

Restaurant, Event Space for Sale. Several apartments generating cash-flow.

Marketing description

This listing presents an exceptional opportunity to acquire a fully equipped, turnkey restaurant, bar, and event venue located at 120 S. Wisconsin Ave. in Howards Grove. In addition to its hospitality features, the property includes income-producing apartments that generate $4,200 in monthly rental income. The venue boasts a spacious banquet hall with a capacity of up to 280 guests, a large commercial kitchen with multiple walk-in coolers, ample storage, an office, and a meticulously maintained basement and utility area. Flexible event space includes a dividable dining area and a private conference room for smaller gatherings. Recent upgrades—such as refreshed bars, new flooring and ceilings, and partial roof improvements—enhance the building’s appeal. Known for its popular fried chicken buffets and affordable event hosting, this property is ideal for an operator seeking a ready￾to-run business with strong community ties and multiple revenue streams. The seller also expresses a preference for a buyer willing to retain the current staff.

Listing Contacts

DC
WI 84402-94
NAI Pfefferle
Listed by NAI Pfefferle

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$4,200.00
$350.00/mo

Valuation Metrics

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DSCR
0.71%
Cap Rate
0.71%
ROI

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