Operating Full Service Restaurant & Bar

Retail-Commercial for Sale
Catylist Listing ID: 30785150
Property Subtypes: Restaurant
Building Size (RSF): 3,812 SF
Gross Building Area: See Agent
Sale Price: $550,000
Unit Price: $144.28 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/1/2022

Overview / Comments

Parnell’s started when back in 1974 Denny and Sue Hughes bought a tavern called at that time Poor Mel’s and re-named it Parnell’s Place. In 1989 son Tim Hughes and his Late wife Cory purchased Parnell’s, added a kitchen and expanded the dining room. Their focus was on creating a food destination that featured great tasting Midwestern favorites.
Parnell’s celebrated their 40th anniversary July 1st, 2014 – a major accomplishment in the restaurant business.
Parnell’s is known far and wide for their exceptional Broasted Chicken and Friday Fish Night featuring Haddock, Perch and Walley. Everyday favorites include, Great Burgers, Chicken, Seafood, soup of the day and Chili (with or without noodles).
Saturday is Steak Night featuring Chef’s choice Prime Rib Steaks and Tenderloins cooked to your liking. On Sunday Parnell’s famous Broasted Chicken is offered at a reduced price.
Parnell’s opens at 2:00 p.m. every week-day except Tuesday and Friday, Friday & Sunday they open for lunch at 11:00 a.m. and on Saturday they open at 4:00 p.m.

Attachments & Media

Additional Details

Nearest MSA: Oshkosh-Neenah
County: Winnebago
Tax ID/APN: 91415510000
Retail Clientele: General, Family
Property Visibility: Excellent
Largest Nearby Street: State Road 45/Fond du Lac Rd
Feet of Frontage: 176
Traffic/Vehicle Count: 6,500
Highway Access: Direct State Road access
Site Description: 1.31 Acres
Area Description: Hwy MIxed Use
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,812 SF
Property Condition: Excellent
Parking Type: Surface
Parking Description: Paved on-site parking for +/- 40 vehicles
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: SR-5
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,189 36,033 69,870
Median Age: 38.84 35.92 37.2
Households: 1,416 14,743 28,817
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