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Investment Highlights

  • Full equipped restaurant/supper club - VERY CLEAN
  • Excellent visibility and loyal customer base
  • Ample parking and room for expansion
  • All equipment included to continue operations

Executive Summary

YOUR TABLE IS READY – BID ON A TURNKEY RESTAURANT & BAR OPPORTUNITY!
ONLINE REAL ESTATE AUCTION – August 25 through September 22, 2026.
Property Preview: Wednesday, September 9, 2026 @N1016 Cty Rd L, Watertown, WI
Additional private showings are available by appointment—call our office to schedule a showing.
After years of serving loyal customers and building a reputation for great food, popular fish fries, prime rib specials, and hometown hospitality, this well-established restaurant and bar is being offered for sale due to retirement. This is an exciting opportunity to purchase an established restaurant property with the real estate property, equipment, furnishings, and fixtures needed to continue operations or bring your own concept to life.
Conveniently located just north of Watertown on County Road L, this property is well positioned to serve both local customers and destination diners. Whether you're an experienced restaurateur, owner-operator, investor, or entrepreneur looking to enter the restaurant business, this property provides an excellent foundation for your next venture.
The property offers approximately 4,500 square feet of total space on 3.345± acres. A welcoming 2,400-square-foot dining area provides seating for approximately 76 guests, while the bar accommodates approximately 20 additional patrons and features six tap lines.
At the heart of the operation is a fully equipped commercial kitchen designed to support a busy restaurant. A large walk-in cooler/freezer measuring approximately 88" wide x 171" deep, along with ample prep, storage, and work areas, provides the infrastructure needed for efficient food service operations.
Outside, the property offers more than 50 parking stalls, providing plenty of room for customers, employees, and busy dining periods. The County Road L location offers convenient access from Watertown and surrounding communities while maintaining the atmosphere of an established destination restaurant.
One of the greatest advantages of this opportunity is that you're bidding on much more than an empty commercial building. The sale includes the building, approximately 3.345± acres of real estate property, kitchen equipment, bar equipment, restaurant equipment, furnishings, and fixtures included with the sale. This gives the successful buyer the foundation to continue restaurant operations without having to start from an empty building.
Continue the tradition that has been established here, introduce a new restaurant concept, create a supper club or neighborhood bar and grill, or bring an entirely new vision to the property. With its manageable size, commercial kitchen, established bar and dining areas, extensive parking, equipment, and acreage, there are numerous possibilities for the next owner.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.34 AC
Zoning
Commercial - Commercial
Frontage
243’ on County Road L

About N1016 COUNTY ROAD L , WATERTOWN, WI 53098

Commercial property located along County Road L in Watertown, Wisconsin, offering convenient access to regional transportation routes and surrounding communities throughout Jefferson and Dodge Counties. The property benefits from a setting that supports a variety of commercial, industrial, service, or business uses, with accessibility for employees, customers, and operational traffic. Its location provides connectivity to the greater Milwaukee and Madison markets while maintaining proximity to local businesses, residential neighborhoods, and community amenities.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
016-0915-2041-001
Land Assessment
$117,500
Improvements Assessment
$140,000
Total Assessment
$257,500
Annual Taxes
($4,500) (($1.00)/SF)
Tax Year
2025
  • Listing ID: 41145044

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: N1016 County Road L, Watertown, WI 53098

Contact the Sale Advisor

Steve's Bar | N1016 County Road L

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