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15820 W National Ave 3,610 SF Retail Building New Berlin, WI 53151 $850,000 ($235.46/SF)
EXECUTIVE SUMMARY
Long-standing Chinese restaurant for sale in the heart of New Berlin, WI.
Family-owned and operated for over 25 years with a loyal customer base and excellent location visibility. Includes fully equipped kitchen, dining area, fixtures, and furnishings.
Option to purchase with or without real estate. Business is currently owner-operated and will be vacated at time of sale. Perfect for restaurant operators, investors, or entrepreneurs seeking a turnkey opportunity.
Available for rent or lease.
Seller retiring — motivated to make a clean, fast transition. Serious inquiries only.
Family-owned and operated for over 25 years with a loyal customer base and excellent location visibility. Includes fully equipped kitchen, dining area, fixtures, and furnishings.
Option to purchase with or without real estate. Business is currently owner-operated and will be vacated at time of sale. Perfect for restaurant operators, investors, or entrepreneurs seeking a turnkey opportunity.
Available for rent or lease.
Seller retiring — motivated to make a clean, fast transition. Serious inquiries only.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,610 SF
Building Class
C
Year Built
1961
Price
$850,000
Price Per SF
$235.46
Business Value
$150,000
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.23
Lot Size
0.36 AC
Zoning
B2
Parking
15 Spaces (2.36 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | NBC-1212-065 | Improvements Assessment | $269,000 (2024) |
| Land Assessment | $187,200 (2024) | Total Assessment | $456,200 (2024) |
PROPERTY TAXES
Parcel Number
NBC-1212-065
Land Assessment
$187,200 (2024)
Improvements Assessment
$269,000 (2024)
Total Assessment
$456,200 (2024)
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China Dragon LLC
15820 W National Ave
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