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1601 E Gate Dr
Watertown, WI 53094
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,413 SF
Building Class
B
Year Built
1973
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.06 AC
Zoning
General Business
Parking
127 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
728’ on E Gate Dr

ABOUT 1601 E GATE DR , WATERTOWN, WI 53094

A fantastic layout for a successful restaurant w/ large bar overlooking best part of the Rock River & spacious dining area w/ a natural fireplace & booth tables for a bit more privacy, combined w/ a special event section totaling around 2,600 sq ft and a 2nd nice bar, perfect for live music and dancing if you would like. Basement has lots of space for storage and inventory with a couple of accesses for convenience. Over 110 parking stalls so should be adequate most of the time but if not you are doing something right. Regardless, there is a way to fix that with a little imagination. The early history of East Gate Inn was very successful and each of owners since then have had periods of very successful business occurring here. Close proximity to Oconomowoc should be helpful on drawing from Waukesha County market for customers & workers to help make this restaurant venture at 1601 East Gate Drive nothing but successful. OPPORTUNITY IS KNOCKING AND I DO MEAN THAT!! This is a 8,400 sq ft restaurant/bar & special event building on 4 acres of gorgeous land overlooking the best part of Rock River w/in City of Watertown. Talk to anybody in or around town and they will say we need another good restaurant. Is that you? Rustic look through out w/ lots of wood & tons of glass w/ 2 nice bars, a large dining area & a special event section totaling about 2600 sq ft for weddings, birthdays, etc. Inventory & furniture go w/ the sale, so what are you waiting for. Located on east side of town, 1/2 mile from Hwy 16 & 12 miles from Oconomowoc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
291-0815-0233-001
Land Assessment
$177,000
Improvements Assessment
$330,500
Total Assessment
$507,500
  • Listing ID: 15225645

  • Date on Market: 2/20/2019

  • Last Updated:

  • Address: 1601 E Gate Dr, Watertown, WI 53094

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