Listing provided courtesy of Real Broker LLCMetro MLS- MLS# 1969319MLS Provider

720 N Wisconsin StElkhorn, WI 53121

Commercial · 13,702 Sq. ft. | 3.57 Acres
$1,567,000 Active

720 N Wisconsin St Overview

Time on Site:
3 days
Visits:
4

This 13,702 sq ft commercial property on 3.57 acres in Elkhorn, WI, offers a rare redevelopment opportunity. Formerly Sperino's restaurant and banquet hall, the building includes a bar, dining room, and a 350-person banquet space with a separate entrance. Located on high-traffic Hwy 67 near Hwy 12, the site features B-2 zoning, 197 parking spaces, and a partial basement. The property is a blank slate, ready for your vision. The sellers are motivated and ready to retire.

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720 N Wisconsin St Facts & Features

  • Type Commercial
  • Sq. ft. 13,702
  • Price/Sq.ft. $114
  • Lot 3.57 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Operating Expense Includes: None

Building Information

  • Year Built: 1963

Business Information

  • Business Type: Restaurant,Recreation

Location/Region

  • County Or Parish: Walworth
  • Postal City: Elkhorn

Tax Information

  • Tax Annual Amount: 17227.06
  • Tax Year: 2024

General Information

  • Listing Terms: Contract,Owner May Assist,Rent/Option to Buy
  • Parcel Number: YU NW 00003
  • Property Sub Type: Commercial/Industrial
  • Property Type: Commercial Lease
  • Zoning: B2

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 13702

General Information

  • Basement: Partial
  • Building Features: Loading Dock,Fixtures,Furniture,Rest Rooms,Inside Storage,Office(s)
  • Living Area Source: Seller

Exterior

Parking Information

  • Parking Total: 197

Lot Information

  • Additional Parcels Description: YHT 00002
  • Lot Size Acres: 3.57
  • Lot Size Area: 3.57
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 155509.2
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Steel Siding
  • Roof: Rubber

General Information

  • Road Frontage Type: State Road,High Visibility,Paved Road
  • Sewer: Municipal Sewer

720 N Wisconsin St Neighborhood

Community

53121 (Elkhorn) Demographics

43
Median Age
162
Population Density (per sq. mile)
36%
College Educated
$74,320
Estimated Median Income
5,726
Estimated Total Home Owners
2,056
Estimated Total Renters
74% / 26%
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.

720 N Wisconsin St Market Data

Based on the last 30 days in this zip code

$775,485
Average List Price
$336
Average Price per Square Foot
24
Properties Sold
111
Average Days on Market
67
Properties for Sale
Calculations provided by Reliance Network

720 N Wisconsin St History

Date Event Value Agent
6/26/2026Source: Metro MLS Added to Database
June 26, 2026