This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
$575,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
Property Description
AFTER A LIFETIME of OWNING 'Marly's Family Restaurant', the Marly Brown Family has decided it's time to SELL the renowned restaurant to a new owner! INCREDIBLY MAINTAINED 4300 SQ FT Building, EQUIPMENT & CLIENT List included. Boasting YEARS of DELICIOUS Breakfasts, Lunches & Dinners seating nearly 200 Patrons for Banquets, Lions Meetings, Rotary Gatherings, Baby/Wedding Showers AND includes Full Bar w/LIQUOR LICENSE, Grills, Sham, Fryers, Toasters, Dishes, Tables & Chairs, Coolers, Freezers, Salad Bars & Decor ETC will be transferred in the sale! Inventory will be transferred by Bill of Sale. List price includes Waupaca County tax IDs 33 12 77270 and 33 12 77261. PRIVATE SHOWINGS ONLY - DO NOT WALK IN THE RESTAURANT WITHOUT AN APPOINTMENT!!
Full Property Details
Full Property Details for 520 S Pearl St
General
- Price: $575,000
- Taxes: $5,700
- Status: Active
- Type: Commercial Service
- Source: Wirex_Realtors_Association_of_Northeast_Wisconsin_RANW
- MLS ID: 50300882
- Updated: 12/9/2025
- Added to Site: 442 day(s) ago
Additional Information
- Other Features: Signage Available, Inside Storage, Pole Sign, Roof Sign, Lighting, Interior Sprinkler, Sprinkler, Conveyor, Furniture
Parking
- Total Spaces: 35
- Parking Features: On Site Parking, Paved Lot
Location
- Municipality: New London
- County: Waupaca
- Driving Directions: Marly's Family Restaurant - corner of Pearl St x Beacon Ave
School Information
- School District: New London
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Other, Gas
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Freestanding, 1 Story
- Exterior Const.: Aluminum/Steel, Brick, Wood
- Basement Desc.: None/Slab, None
- Square Feet: 4,355
- Square Feet Range: 3501 to 5000
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.54
- Lot Size Range: .5 to .99 Acre
- Lot Size Source: Assessor/Public Record
- Zoning: B:1 - Central Bus. Dist.
Financial Considerations
- Tax Amount: $5,700.27
Listed by Century 21 Ace Realty
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 520 S Pearl St
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, New London, WI 201 East Washington Street, New London, WI 54961 | PK-4 | 0.1 mi |
New London Middle School 1000 West Washington Street, New London, WI 54961 | 5-8 | 0.6 mi |
New London High School 1700 Klatt Road, New London, WI 54961 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 520 S Pearl St
Date
Details
Price
Change
Source
10/29/2025
Price Reduced
$575,000
-3.36%
MLS
9/24/2025
Price Reduced
$595,000
-8.46%
MLS
7/22/2025
Price Reduced
$650,000
-3.7%
MLS
6/04/2025
Price Reduced
$675,000
-2.03%
MLS
4/29/2025
Price Reduced
$689,000
-1.43%
MLS
11/13/2024
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 520 S Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,684
3%
$192,600
—
2023
$4,539
2%
$192,600
—
2022
$4,444
-2%
$192,600
—
2021
$4,540
1%
$192,600
—
2020
$4,506
—
$192,600
—
2019
$4,506
5%
$192,600
—
2018
$4,285
8%
$192,600
—
2016
$3,985
—
$192,600
14%
2015
$3,995
—
$169,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 520 S Pearl St
520 S Pearl Street, New London, WI 54961 (MLS# 50300882) is a Commercial Service property. 520 S Pearl Street is currently listed for $575,000 and was received on November 13, 2024. Want to learn more about 520 S Pearl Street? Do you have questions about finding other Commercial Service real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.
