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400 1st St
Pepin, WI 54759
400 1st Street · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,624 SF
Year Built
1867
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.29 AC
Zoning
G2

ABOUT 400 1ST ST , PEPIN, WI 54759

Prime mixed use building overlooking Lake Pepin and the Marina in the historic village of Pepin, WI. This desirable location has unobstructed views of the lake! Since 2013, the retail space was run as a bar, restaurant and sailing business. The property includes an apartment next door, an unfinished upstairs and an apartment in back. The commercial zoning code allows various commercial uses along with upstairs apartments and living quarters. There are two buildings under one address with plenty of blue sky. The main floor of the beautiful historic brick building, circa 1867, has 1,452 SF. It is currently built out as a wine bar with a dining area, bar, small kitchen plus a second commercial kitchen, office/utility room and 2 bathrooms. The space offers 25-30 seats (9 bar + 15 table). Behind the kitchen is a newly renovated bathroom, office and utility room. Behind the building, with a separate entrance, is a roughed-out apartment space with 1 bed, 1 bath ready for your finishing touches. The upstairs is 1,452 SF of unfinished space and has elevated views of Lake Pepin. The upstairs could be living space or additional retail space. An upstairs deck is accessible from the back of the building. The left side of the building is 720 SF. It is currently used as a residence with 1 bedroom, a living room and walk-in closet and high ceilings. The attached garage is large with high enough ceilings to house a sail boat. It has its own entrance from the street but also has access through the retail space. It shares 2 restrooms with the retail space. One restroom was renovated in 2018 and both are located in back of the retail space. A secluded courtyard in back is perfect for events or additional seating for patrons or residents. An inspiration and mecca for painters, writers, artists, poets, musicians, sailors, water skiers and outdoor enthusiasts. Pepin is the birthplace of famed 19th century writer Laura Ingalls Wilder. The previous business hosted events including weddings, music, bachelorette/bachelor parties, family events, corporate team building, offsite meetings, youth programs, etc…. Located across the street from boats, docks and the Habor View Café. It is a rare opportunity to live and work on 1st St in Pepin, WI. Live in one building, or lease it, and operate your business next door. Add value by finishing the upstairs and back living spaces. Enjoy the scenic views, serenity and relaxing atmosphere of this timeless, small village on the Lake. With 150 slips, the marina is steps away from the front door where you’ll enjoy sailing excursions, the public beach, water skiing and all other activities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
171-00079-0000
Land Assessment
$54,700
Improvements Assessment
$192,500
Total Assessment
$247,200
  • Listing ID: 15618741

  • Date on Market: 4/3/2019

  • Last Updated:

  • Address: 400 1st St, Pepin, WI 54759

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