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$550,000 -$25,000 (-4.35%) Price Reduced
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Property Description
Check out this goldmine! Many possible streams of revenue are waiting for you! Bar, restaurant, waiting for a new owner to show it off! Current owner is ready to take a step back and enjoy retirement. Now Looking for a good fit to take over this turn-key establishment. The possibilities are endless with the huge banquet room, it even has an additional bar. This area is the perfect space to rent out for any occasion. If that's not enough, there are also two rental units on the second floor, each 2 bedroom 1bath. Come check out this well known and established bar in close knit Jefferson.
Full Property Details
Full Property Details for 711 W Racine St
General
- Price: $550,000
- Taxes: $8,520 (2025)
- Status: Active
- Type: Commercial
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1849001
- Updated: 10/13/2026
- Added to Site: 1, 138 day(s) ago
Additional Information
- Other Features: Living Space Available, Restrooms
Parking
- Total Spaces: 50
Location
- Municipality: City
- County: Jefferson
- Driving Directions: Hwy 18 West off Main St, W on Racine St
- Dist. to Freeway: Less than 1 Mile, 1 to 3 Miles
- Location Details: Freestanding
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other
- Exterior Const.: Brick, Partially Steel, Steel Siding, Wood
- Basement Desc.: None
- Roof: Metal, Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 9,379
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.55
- Frontage: High Visibility, Paved Lot, Paved Road, Town/City Road
- Zoning: Commercial
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $8,520
- Tax Year: 2025
Listed by RE/MAX Preferred~Johnson Creek
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Schools
Schools serving 711 W Racine St
School District:Jefferson School District
| Name | Grades | Distance |
|---|---|---|
West Elementary School, Jefferson, WI 900 West Milwaukee Street, Jefferson, WI 53549 | PK-5 | 0.3 mi |
Jefferson Middle School, Jefferson, WI 501 South Taft Avenue, Jefferson, WI 53549 | 6-8 | 0.3 mi |
Jefferson High School, Jefferson, WI 700 West Milwaukee Street, Jefferson, WI 53549 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 711 W Racine St
Date
Details
Price
Change
Source
10/13/2026
Price Reduced
$550,000
-4.35%
MLS
7/14/2025
Price Reduced
$575,000
-4.17%
MLS
9/02/2023
Listed
$600,000
—
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 711 W Racine St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,438
14%
$524,800
20%
2024
$8,246
6%
$437,300
—
2023
$7,799
9%
$437,300
27%
2022
$7,139
-2%
$343,400
5%
2021
$7,304
2%
$328,500
—
2020
$7,171
-3%
$328,500
—
2019
$7,397
-5%
$328,500
—
2018
$7,746
1%
$328,500
—
2017
$7,651
-19%
$328,500
-19%
2016
$9,404
—
$403,100
—
2015
$9,433
—
$403,100
—
2014
$9,419
-5%
$403,100
—
2013
$9,896
—
$403,100
—
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 711 W Racine St
711 W Racine St, Jefferson, WI 53549 (MLS# 1849001) is a Commercial property. 711 W Racine St is currently listed for $550,000 and was received on September 02, 2023. Want to learn more about 711 W Racine St? Do you have questions about finding other Commercial real estate for sale in Jefferson? You can browse all Jefferson real estate or contact a Coldwell Banker agent to request more information.

