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689 Broadway 12,000 SF Retail Building Berlin, WI 54923 $990,000 ($82.50/SF)
Executive Summary
Exceptional opportunity to own a well-established turnkey bar, restaurant, and banquet/event venue with multiple revenue streams from food & beverage service, private events and gaming. Fully renovated over the last 3 years, the sale includes all furniture and equipment, featuring 2 fully equipped bars & commercial kitchens, versatile banquet facilities and total seating capacity of up to 750. Situated on 2.25 acres, the property boasts a high-visibility location with strong curb appeal, ample on-site parking, and an outdoor patio, expanding seasonal seating and revenue potential. Well-known throughout the area, the business enjoys a loyal customer base, repeat clientele, and reputation as a go-to destination for dining & events, providing a solid foundation for continued success & growth.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1973/1996
Price
$990,000
Price Per SF
$82.50
Building Height
1 Story
Building FAR
0.12
Lot Size
2.25 AC
Zoning
Commercial - Commercial
Parking
150 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
137’ on Broadway Street
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 206-01734-0200 | Improvements Assessment | $246,900 |
| Land Assessment | $93,000 | Total Assessment | $339,900 |
Property Taxes
Parcel Number
206-01734-0200
Land Assessment
$93,000
Improvements Assessment
$246,900
Total Assessment
$339,900
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689 Broadway
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