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Improved Commercial Land for Sale in Elkhorn, Wisconsin

720 N Wisconsin St, Elkhorn, WI 53121

$1,659,000
3.57 acres
Active
$40k drop
Est $9,564/mo

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--submit your offer today!

13,702
Sq feet
1963
Built

Location

Street address
720 N Wisconsin St
Elevation
1,010 feet
Coordinates
42.6841, -88.5434

Property details

Acreage
3.57 acres
Zoning
B-2
MLS #
METROMLS 1918869
Posted

Property taxes

2024
$17,227

Parcels

  • YU NW 00003

Details and features

Listing

Type
Commercial Sale
Subtype
Retail
Franchise
RE/MAX International

Exterior

Structures
Storage
Features
Loading Dock, Outside Storage

Structure

Stories
1
Heating
Forced Air, Natural Gas
Cooling
Central Air
Materials
Steel Siding
Roof
Metal, Rubber

Interior

Features
Carpeting, Fixtures, Furniture, Office(s), Paneling, Rest Rooms, Security Equipment

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Dec 2, 2025Price drop$1,659,000$40,000 -2.4%METROMLS
May 21, 2025New listing$1,699,000METROMLS
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This 3.57-acre property is located at 720 N Wisconsin St in Elkhorn, WI 53121. The property is available for sale for $1,659,000. It has a 13,702 sq ft structure built in 1963.

Checked 1 hour ago — Updated

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