$450,000

0 Beds 0 Baths 4,036 Sqft

N8240 County Road E, Watertown, WI 53094

Property Type: Commercial
Building Type: Free Standing
Time on Market: 64 days
Price per Sqft: $111
Lot Size: Restaurant/Bar
Total Taxes: $5,126
Est. Age: 21+ Years

Description

Exceptional over 4000 sq feet of mixed-use opportunity on 2.1 acres in the middle of Oconomowoc and Watertown only 10 minutes from downtown Oconomowoc! 6 miles to I94. entrance at Hwy F. This versatile property features a turnkey restaurant/bar with seating for approximately 108 guests plus 18 bar seats, full liquor and video gaming licenses, a vacant 2-bedroom apartment, 34'x50' outbuilding with 2 garage doors, parking lot for 40 vehicles or maybe do outside storage. A new roof (2021). The true value is the endless possibilities--sports bar, live music venue, retail, contractor space, storage, or your own custom concept. Over 3,900 vehicles pass daily, with more than 30,000 residents within a 5-mile radius. 3 tax keys. All Equipment included. Endless potential awaits!

Property Details

Interior

Basement:
  • Block, Full
Heating/Cooling:
  • Central Air, Forced Air, Wall/Sleeve Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 4,036
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 3501 or more,3501-5000,2501 or more

Exterior

Acreage:
  • Range: 1 to 4.99
  • Source: Assessor/Public Record
Exterior:
  • Aluminum/Steel, Aluminum
Lot:
  • Size: Restaurant/Bar
Parking:
  • Spaces: 40.0
Roofing:
  • Composition/Fiberglass
Water:
  • Waterfront: N
Water/Waste:
  • Private Septic System, Mound System, Well

Misc.

Commercial:
  • Ceiling Height: 8 - 10 feet
  • Features: Expenses Include: Accounting, Expenses Include: Advertising, Expenses Include: Property Insurance, Expenses Include: Legal, Expenses Include: Licenses, Expenses Include: Repair & Maintenance, Expenses Include: Payroll, Expenses Include: Permits, Expenses Include: Services (All), Expenses Include: Supplies, Expenses Include: Taxes-Pers. Property, Expenses Include: Utilities, Truck Door Height: 6 - 8 Feet, Truck Door(s), Carpeting, Compressor, Inside Storage, Living Space, Outside Storage, Paneling, Pole Sign, Restroom(s), Security Equipment
New Construction:
  • N
Postal:
  • Code: 53094
Real Estate Included:
  • Y
Street:
  • Name: County Road E
Tax Year:
  • 2024
Value Range:
  • Pricing: N
Zoning:
  • Commercial

Map

Listing Agent-Provided Directions:
  • Hwy 16 West to Hwy 67 North turns into Hwy 16 West to American St (County F) Left on American St to Elmwood Ave, Right on Elmwood Ave to County Rd E, Turn right to restaurant

Monthly Payment Calculator

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Schools and Neighborhood

Postal City:
  • Watertown
Municipality:
  • Name: IXONIA
  • Type: Town
County:
  • JEFFERSON

Market Comparison

How this property compares to local market averages — calculated 8/6/2026

This Property
Watertown Commercial Property Avg
Jefferson County Commercial Property Avg
List Price
$450,000
$240,677
$411,486
Median Price
—
$219,900
$297,250
Price / Sq Ft
$111
$130
$104
Days on Market
64 days
113 days
177 days
Total Listings
—
10
40

Listing Information

  • Time on Market: 64 days
  • Place Perfect Last Updated: 2026-08-03 11:38:19
  • MLS Number: 1943419
  • Subsystem Locale: WIREX_METRO
  • Listing Office: First Weber Inc - Delafield
  • Listing Agent: Kimberly Stark

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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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