805 Layton BlvdMilwaukee, WI 53215

For Sale
$150,000

Established Restaurant, High ROI, Motivated Seller

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Milwaukee restaurant opportunity presents a rare chance to acquire a well-established business with a strong reputation. Located at 805 S Layton Blvd, this 2,000-3,000 square foot eatery boasts a prime location at a signalized intersection on National Ave and S Layton Blvd within a strip mall, ensuring high visibility and traffic. Operating since the early 1970s, Honeydip Donuts offers a diverse menu including coffee, sandwiches, and pizza, maintaining consistent hours from 6 am to 10 pm. Recently renovated in 2021, the property features a fully equipped kitchen, including a hood system, allowing for versatile culinary options. The business currently operates under a lease extending to 2035, offering long-term stability. With a reported annual income of $110,000 and a 73.33% cap rate, this presents a compelling investment opportunity with a projected return within 2.5 years. The property includes 50 parking spaces and is zoned for commercial use. The motivated seller is retiring, making this a truly unique acquisition opportunity in a thriving Milwaukee neighborhood.

Highlights

  • Established Milwaukee restaurant with strong reputation at 805 S Layton Blvd.
  • 2,000-3,000 square foot space in a prime, high-traffic strip mall location at a signalized intersection.
  • Fully equipped kitchen with hood system, renovated in 2021.
  • Lease extending to 2035.
  • $110,000 annual income, 73.33% cap rate, projected 2.5-year return on investment.
  • 50 parking spaces, commercially zoned.

Property Details for 805 Layton Blvd

Property type
Other retail properties, Restaurants
Square Feet
2,000 SF
Year Renovated
2021

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.022988533203
Longitude
-87.947906513898
805 Layton Blvd, Milwaukee, Wisconsin

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805 Layton Blvd
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