This Retail Property is no longer advertised on LoopNet.com.

514 S Water St
Sparta, WI 54656
Retail Property For Sale

Investment Highlights

  • Seasonal Drive-in Restaurant
  • Established local business
  • High visibility

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
14,113 SF
Building Class
C
Year Built/Renovated
1960/2022
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.32 AC
Zoning
COM
Parking
20 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
266’ on State Highway 16 and 21

Amenities

  • Freeway Visibility
  • Signage
  • Drive Thru

About 514 S WATER ST , SPARTA, WI 54656

Sparta's one and only drive in restaurant is ready for a fresh start and new owner! Prime location on the corner of Hwy 16/21, across from Ben Bikin' and the famous Sparta-Elroy bike trail, this staple in the Sparta community has thrived over the years with locals and tourists alike. Continue with the tradition of burgers, root beer floats and Thursday night cruise nights or bring fresh ideas to a local summer destination. The building is 900 sq. ft. furnished with all the equipment you need, a 30x60 and 15x30 canopy space for cars to park under and order, and an additional 30x27 canopy for outdoor dining. Average daily traffic count of 10,400 in 2024.

Property Taxes

Property Taxes

Parcel Number
281-00786-0000
Land Assessment
$78,200
Improvements Assessment
$351,300
Total Assessment
$429,500
  • Listing ID: 37923390

  • Date on Market: 10/2/2025

  • Last Updated:

  • Address: 514 S Water St, Sparta, WI 54656

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