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Supper Club Space in Downtown Watertown 200 N 2nd St 3,600 SF Retail Building Watertown, WI 53094 $699,900 ($194.42/SF)



INVESTMENT HIGHLIGHTS
- Full commercial kitchen with walk-in cooler in lower level & walk-up full bar on main level
- 3 BR/ 1.5 BR apartment located above the restaurant space
- Located in the heart of the City of Watertown
EXECUTIVE SUMMARY
Calling all supper club enthusiasts looking for a turnkey opportunity to continue a rich legacy or make one of your own! The site is brimming with historical charm & been recently renovated to include a brand-new kitchen and updated utilities. A main level featuring a classic restaurant space with decorative features in both the bar & dining area, while the upper level features a 3-bedroom, 1.5 bath dwelling space. The basement is large allowing for plenty of storage. The site has housed three well-known restaurants and bars since it first opened in 1935, the most recent being The Elias Inn - a supper club renowned for their relish tray & Friday fish fry. They even made the well-known Wisconsin Supper Club book! If you're looking to own or invest in a unique spot, this is one to see.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,600 SF
Building Class
C
Year Built/Renovated
1933/1976
Price
$699,900
Price Per SF
$194.42
Tenancy
Single
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
Commercial - Central Business District
Parking
6 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Signage
- Air Conditioning
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 291-0815-0412-100 | Improvements Assessment | $264,300 |
| Land Assessment | $40,000 | Total Assessment | $304,300 |
PROPERTY TAXES
Parcel Number
291-0815-0412-100
Land Assessment
$40,000
Improvements Assessment
$264,300
Total Assessment
$304,300
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Supper Club Space in Downtown Watertown | 200 N 2nd St
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