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15820 W National Ave 3,800 SF Retail Building New Berlin, WI 53151 $1,222,308 CAD ($321.66 CAD/SF)



Executive Summary
Long-standing Chinese restaurant for sale in the heart of New Berlin, WI.
Family-owned and operated for over 25 years with a loyal customer base and excellent location visibility. Includes fully equipped kitchen, dining area, fixtures, and furnishings.
Option to purchase with or without real estate. Business is currently owner-operated and will be vacated at time of sale. Perfect for restaurant operators, investors, or entrepreneurs seeking a turnkey opportunity.
Available for rent or lease.
Seller retiring — motivated to make a clean, fast transition. Serious inquiries only.
Family-owned and operated for over 25 years with a loyal customer base and excellent location visibility. Includes fully equipped kitchen, dining area, fixtures, and furnishings.
Option to purchase with or without real estate. Business is currently owner-operated and will be vacated at time of sale. Perfect for restaurant operators, investors, or entrepreneurs seeking a turnkey opportunity.
Available for rent or lease.
Seller retiring — motivated to make a clean, fast transition. Serious inquiries only.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,800 SF
Building Class
C
Year Built
1961
Price
$1,222,308 CAD
Price Per SF
$321.66 CAD
Business Value
$203,718 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.24
Lot Size
0.36 AC
Zoning
B2
Parking
15 Spaces (3.95 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | NBC-1212-065 | Improvements Assessment | $365,334 CAD (2024) |
| Land Assessment | $254,240 CAD (2024) | Total Assessment | $619,574 CAD (2024) |
Property Taxes
Parcel Number
NBC-1212-065
Land Assessment
$254,240 CAD (2024)
Improvements Assessment
$365,334 CAD (2024)
Total Assessment
$619,574 CAD (2024)
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Presented by
China Dragon LLC
15820 W National Ave
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