Listing provided courtesy of Better Homes and Gardens Real Estate Special Properties- MLS# 2012479MLS Provider

816 Highway 23/73Princeton, WI 54968

Commercial · 1,820 Sq. ft. | 0.47 Acres
$284,500 Active

816 Highway 23/73 Overview

Time on Site:
228 days
Visits:
187

Turnkey- Irma's Diner in the Heart of Princeton, WI. Irma's Diner is a thriving, established breakfast and lunch spot known for its homemade baked goods, comfort food, and friendly small-town atmosphere. Recent updates include a new electric sign, new HVAC system, Square POS, upgraded dishwashing station, and interior improvements. Excellent visibility and a loyal customer base make this a fantastic opportunity for an owner-operator or investor. Step into a proven business in a supportive community and continue the tradition or bring your own vision to life. The purchase price only includes Irma's Diner business and real estate and equipment, measurements are approximate verify if material.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

816 Highway 23/73 Facts & Features

  • Type Commercial
  • Sq. ft. 1,820
  • Price/Sq.ft. $156
  • Lot 0.47 Acres

Details

General

Income/Expenses

  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Sale Includes: Business name, Equipment, Receivables, Customer list, Signs

Building Information

  • Fuel: Natural gas
  • Water/Waste: Municipal sewer, Municipal water
  • Year Built: 2010

Business Information

  • Business Name: Irma's Diner
  • Current Use: Restaurant/Supper Club, Other

Location/Region

  • County Or Parish: Green Lake
  • Postal City: Princeton

Parking Information

  • Parking Fees/Mo.: 0

Rent/Lease Information

  • Lease Type: None
  • Tenant Pays: N/A

Tax Information

  • Tax Annual Amount: $3,963.00
  • Tax Assessed Value: $160,000.00
  • Tax Year: 2024

General Information

  • Business Sale: Yes
  • Exclusions: sellers personal properties, rented soda machine, juice machine, coffee machine and dishwashing machine, exclusions list
  • Features: Public rest rooms, Signage available, Inside storage, Private office(s)
  • Inclusions: Fixtures and equipment in the diner, business including name - Irma's Diner, logo
  • Parcel Number: 271007640000
  • Property Type: Business/Comm
  • Type: Retail, Service, Restaurant/Supper Club, Tavern, Other
  • Zoning: Mun

Interior

Building Information

  • Total Units/Bldg.: 1
  • Heating/Cooling: Forced air, Central air
  • Number of Loading Docks: 0

Building Interior

  • Building Area Total: 1820
  • Ceiling Height Max: 0
  • Ceiling Height Min: 0
  • Seating Capacity: 31-50 persons

General Information

  • Basement: Slab/None
  • Stories Total: 1

Unit Information

  • Unit 1 Base Annual Rent: $0.00
  • Unit 1 Gross SqFt: 1820

Exterior

Parking Information

  • Onsite Parking: Yes
  • Parking Features: 11-20 spaces, Onsite, Paved, Shared

Lot Information

  • Street Frontage: 248
  • Lot Size Acres: 0.47
  • Lot Size Source: Other

Building Exterior/Construction

  • Construction Materials: Vinyl
  • Roof: Composition, Other

816 Highway 23/73 Neighborhood

Community

54968 (PRINCETON) Demographics

49
Median Age
47
Population Density (per sq. mile)
27%
College Educated
$50,915
Estimated Median Income
1,011
Estimated Total Home Owners
282
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

816 Highway 23/73 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

816 Highway 23/73 Market Data

Based on the last 30 days in this zip code

$640,014
Average List Price
$224
Average Price per Square Foot
7
Properties Sold
144
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

816 Highway 23/73 History

Date Event Value Agent
4/29/2026Source: South Central Wisconsin MLS Price Reduction
$284,500 -1.9%
1/21/2026Source: South Central Wisconsin MLS Price Reduction
$289,900 -3.0%
1/2/2026Source: South Central Wisconsin MLS Status Change
Active
12/12/2025Source: South Central Wisconsin MLS Status Change
Offer-Show
11/14/2025Source: South Central Wisconsin MLS Added to Database
November 14, 2025
7/28/2025Source: South Central Wisconsin MLS Added to Database
May 28, 2022
7/28/2025Source: South Central Wisconsin MLS Price Reduction
$249,000 -3.9%
7/28/2025Source: South Central Wisconsin MLS Status Change
Withdrawn by Seller
7/28/2025Source: South Central Wisconsin MLS Status Change
Sold