Seth Yarco

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Listing provided courtesy of RE/MAX Preferred- MLS# 1963264MLS ProviderContact Information: [email protected]

711 W Racine StreetJefferson, WI 53549

Commercial · 9,379 Sq. ft. | 0.55 Acres
$575,000 Active

711 W Racine Street Overview

Time on Site:
1032 days
Visits:
350

Check out this goldmine! Many possible streams of revenue are waiting for you! Bar, restaurant, waiting for a new owner to show it off! Current owner is ready to take a step back and enjoy retirement. Now Looking for a good fit to take over this turn-key establishment. The possibilities are endless with the huge banquet room, it even has an additional bar. This area is the perfect space to rent out for any occasion. If that's not enough, there are also two rental units on the second floor, each 2 bedroom 1bath. Come check out this well known and established bar in close knit Jefferson. Second parcel number included:241-0614-0344-021

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711 W Racine Street Facts & Features

  • Type Commercial
  • Sq. ft. 9,379
  • Price/Sq.ft. $61
  • Lot 0.55 Acres

Details

General

Income/Expenses

  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Sale Includes: Lease(s), Equipment, Inventory, Furniture

Building Information

  • Fuel: Natural gas
  • Water/Waste: Municipal sewer, Municipal water
  • Year Built: 1971

Business Information

  • Current Use: Restaurant/Supper Club, Tavern, Living quarters

Location/Region

  • County Or Parish: Jefferson
  • Postal City: Jefferson

Parking Information

  • Parking Fees/Mo.: 0

Rent/Lease Information

  • Lease Type: Month to month
  • Tenant Pays: Electric, Water

Tax Information

  • Tax Annual Amount: $8,520.00
  • Tax Assessed Value: $524,800.00
  • Tax Year: 2025

General Information

  • Business Sale: No
  • Exclusions: Security system, rented games(pool tables, gambling machines, ATM)
  • Inclusions: All kitchen equipment, cookware and dishes. All furniture and furnishings.
  • Parcel Number: 24106140344011
  • Property Type: Business/Comm
  • Type: Restaurant/Supper Club, Tavern
  • Zoning: Commercial

Interior

Building Information

  • Total Units/Bldg.: 3
  • Heating/Cooling: Central air, Forced air
  • Number of Loading Docks: 0

Building Interior

  • Building Area Total: 9379
  • Ceiling Height Max: 20
  • Ceiling Height Min: 8

General Information

  • Stories Total: 2

Unit Information

  • Unit 1 Base Annual Rent: $9,600.00
  • Unit 2 Base Annual Rent: $9,600.00
  • Unit 1 Gross SqFt: 800

Exterior

Parking Information

  • Onsite Parking: 50
  • Parking Features: Onsite, Paved

Lot Information

  • Street Frontage: 100
  • Lot Size Acres: 0.55
  • Lot Size Source: Assessor
  • Wooded Acreage: 800

Building Exterior/Construction

  • Construction Materials: Wood, Block
  • Roof: Metal, Rubber/membrane

711 W Racine Street Neighborhood

Community

53549 (Jefferson) Demographics

45
Median Age
144
Population Density (per sq. mile)
31%
College Educated
$62,708
Estimated Median Income
2,984
Estimated Total Home Owners
1,315
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

711 W Racine Street Market Data

Based on the last 30 days in this zip code

$426,871
Average List Price
$217
Average Price per Square Foot
10
Properties Sold
103
Average Days on Market
49
Properties for Sale
Calculations provided by Reliance Network

711 W Racine Street History

Date Event Value Agent
7/31/2025Source: Metro MLS Price Reduction
$575,000 -4.2%
7/31/2025Source: South Central Wisconsin MLS Price Reduction
$575,000 -4.2%
7/28/2025Source: Metro MLS Status Change
Active - With Offer
7/28/2025Source: Metro MLS Status Change
ACTIVE
7/28/2025Source: Metro MLS Added to Database
September 02, 2023
7/28/2025Source: Metro MLS Status Change
Active - With Offer
7/28/2025Source: Metro MLS Status Change
ACTIVE
7/28/2025Source: South Central Wisconsin MLS Status Change
Active
7/28/2025Source: South Central Wisconsin MLS Added to Database
September 02, 2023
7/28/2025Source: South Central Wisconsin MLS Status Change
Offer-Show
7/28/2025Source: South Central Wisconsin MLS Status Change
Offer-Show
7/28/2025Source: South Central Wisconsin MLS Status Change
Active