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Steve's Bar N1016 County Road L 4,500 SF Retail Building Watertown, WI 53098 $625,316 CAD ($138.96 CAD/SF)
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
Established Restaurant & Bar Opportunity – Turnkey Operation Available Due to Retirement
Asking price $ 449,900.00 After years of serving loyal customers and building a reputation for outstanding fish fries, prime rib specials, and hometown hospitality, this well-established restaurant and bar is now available due to retirement.
Conveniently located just north of Watertown on County Road L, this turnkey property offers approximately 4,500 square feet of total space, including a welcoming 2,400-square-foot dining area with seating for approximately 76 guests. The bar area provides seating for an additional 20 patrons and features six tap lines, making it ideal for serving both local regulars and destination diners.
The commercial kitchen is fully equipped and supported by a large walk-in cooler/freezer measuring approximately 88 inches wide by 171 inches deep, along with ample storage and prep areas designed to efficiently support restaurant operations.
With more than 50 parking stalls, excellent visibility, and a size that's not too big and not too small, this property offers the perfect balance for owner-operators, experienced restaurateurs, or entrepreneurs looking to establish their own successful dining destination.
The sale includes the building, approximately 3.345 acres of land, and the kitchen, bar, restaurant equipment, furnishings, and fixtures necessary to continue operations. Whether you're looking to continue the restaurant's successful tradition or bring your own vision to life, this is a rare opportunity to acquire a fully equipped restaurant property in a highly desirable location.
Asking price $ 449,900.00 After years of serving loyal customers and building a reputation for outstanding fish fries, prime rib specials, and hometown hospitality, this well-established restaurant and bar is now available due to retirement.
Conveniently located just north of Watertown on County Road L, this turnkey property offers approximately 4,500 square feet of total space, including a welcoming 2,400-square-foot dining area with seating for approximately 76 guests. The bar area provides seating for an additional 20 patrons and features six tap lines, making it ideal for serving both local regulars and destination diners.
The commercial kitchen is fully equipped and supported by a large walk-in cooler/freezer measuring approximately 88 inches wide by 171 inches deep, along with ample storage and prep areas designed to efficiently support restaurant operations.
With more than 50 parking stalls, excellent visibility, and a size that's not too big and not too small, this property offers the perfect balance for owner-operators, experienced restaurateurs, or entrepreneurs looking to establish their own successful dining destination.
The sale includes the building, approximately 3.345 acres of land, and the kitchen, bar, restaurant equipment, furnishings, and fixtures necessary to continue operations. Whether you're looking to continue the restaurant's successful tradition or bring your own vision to life, this is a rare opportunity to acquire a fully equipped restaurant property in a highly desirable location.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Building Class
C
Year Built
1999
Price
$625,316 CAD
Price Per SF
$138.96 CAD
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
| Parcel Number | 016-0915-2041-001 | Total Assessment | $362,233 CAD |
| Land Assessment | $165,291 CAD | Annual Taxes | -$4,500 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $196,942 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
016-0915-2041-001
Land Assessment
$165,291 CAD
Improvements Assessment
$196,942 CAD
Total Assessment
$362,233 CAD
Annual Taxes
-$4,500 CAD (-$1.00 CAD/SF)
Tax Year
2025
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Steve's Bar | N1016 County Road L
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