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    Successful Bar & Restaurant Opportunity

    210 N 1st Street Wisconsin Rapids, WI 54494

    Claim this Listing
    For Sale
    $899,900

    Commercial Sale, Other - Wisconsin Rapids, WI

    Property size:
    8,240 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $109/SF
    Added:
    Apr 3, 2025
    Days on Market:
    465
    Last Refresh:
    Jul 11 at 4:06 am

    Property Features for 210 N 1st Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    8,240 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1903
    Architectural style
    Other

    Listing agent Brian Spranger License #81126-94,PersonLicenseNumber

    Listing office NextHome Partners 480 E Grand Ave, WI

    Listing date Apr 3, 2025

    MLS# 22501186 Listing URL

    Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This property features one of the most successful bar restaurants in Wisconsin Rapids, known for its food, drinks, and atmosphere. The building, over 100 years old, blends vintage and new elements. The main level includes a long bar area and a spacious seating area. The upper level houses a second bar with a private party room. Above the bar are three small apartments and an unfinished space for future development. This 8,240 square foot property is situated on 0.12 acres and is located across the street from the Wisconsin River. This property presents an opportunity to continue a successful business.

    Key Highlights

    • Established and successful bar/restaurant business.
    • Prime location across from the Wisconsin River.
    • Unique blend of vintage and new in a 100+ year old building.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $93.9k $11.40
    − Vacancy −$9.9k −$1.20
    EGI $84.1k $10.20
    − OpEx −$25.2k −$3.06
    NOI $58.9k $7.14
    8,240 SF · lease $11.40/SF/yr · vacancy 10.50% · expense 30.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.60M
    $1.40M – $1.87M (±1% cap)
    NOI $111,900 @ 7.0% cap · market cap 12.43%
    Second Best
    Retail
    $840.7K
    $735.6K – $980.9K (±1% cap)
    NOI $58,851 @ 7.0% cap · market cap 6.54%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Jennings & Co. Restaurant

    Suggested Use

    Big Box & Wholesale Store Real Estate Agency Building Supply Restaurant Storage Facility HVAC Service Auto Parts Store Auto Repair Shop Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

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    Similar Off Market Nearby

    • Square Bar — 210 Johnson St, Wisconsin Rapids, WI 54495
    • Wurk Bar — 212 W Grand Ave, Wisconsin Rapids, WI 54495
    • B’s Tap House — 140 E Grand Ave, Wisconsin Rapids, WI 54494
    • Grand Avenue Tavern — 451 E Grand Ave, Wisconsin Rapids, WI 54494
    • Venus Gentleman's Club LLC — 132 2nd Ave S, Wisconsin Rapids, WI 54495

    FAQs

    What type of property is this?
    Bar & Pub - Established bar and restaurant with apartments in Wisconsin Rapids.
    Where is this bar & pub located?
    The property is located at 210 N 1st Street Wisconsin Rapids, WI.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: Established and successful bar/restaurant business.; Prime location across from the Wisconsin River.; Unique blend of vintage and new in a 100+ year old building.
    Contact an agent
    (715) 572-7117
    We can help!
    Contact an agent
    Brian Spranger
    Brian Spranger
    Real Estate License ID: 81126-94,PersonLicenseNumber
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