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Turn-Key Restaurant & Banquet Facility 120 S Wisconsin Dr 14,885 SF of Retail Space Available in Howards Grove, WI 53083
Highlights
- $4,500/Month Gross (bar/restaurant area)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,885 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This listing presents an exceptional opportunity to acquire a fully equipped, turnkey restaurant, bar, and event venue. In addition to its hospitality features, the property includes income-producing apartments that generate $4,200/month in 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. 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.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 14,885 SF | Year Built | 1920 |
| Property Type | Retail | Parking Ratio | 5.04/1,000 SF |
| Gross Leasable Area | 14,885 SF |
| Total Space Available | 14,885 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,885 SF |
| Year Built | 1920 |
| Parking Ratio | 5.04/1,000 SF |
About the Property
This listing presents an exceptional opportunity to acquire a fully equipped, turnkey restaurant, bar, and event venue. In addition to its hospitality features, the property includes income-producing apartments that generate $4,200/month in 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. 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.
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Turn-Key Restaurant & Banquet Facility | 120 S Wisconsin Dr
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