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    308 S Main St Blanchardville, WI 53516

    For Sale
    $625,000

    Tavern,Apartment building - Blanchardville, WI

    Type:Apartment
    Days on Market:
    158
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 308 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    Com
    APN
    108-0039-2000
    Parking features
    Paved or Surfaced
    Interior features
    Public rest rooms, Less than 440 volt

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1913
    Floors in Building
    3
    Number of units
    5
    Building materials
    Brick
    Roof type
    Membrane, Rubber
    Architectural style
    Other

    EXIT Professional Real Estate (608) 293-0561 [email protected]

    Listing agent Pam Krahenbuhl (608) 426-7111

    Listing date Jul 11, 2025

    MLS# 2004184 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Blanchardville Tavern with Apartment Income

    This is a successful business opportunity located in downtown Blanchardville, Wisconsin. The property features a turn-key bar known for its food, entertainment, and music. The interior includes a pool area, a gaming machine area, and ample seating. An outdoor patio provides space for customers to enjoy the outdoors and music. The building also includes two updated apartments on the upper level, which are currently occupied and generating income. Additionally, there are two "hotel-style" rooms that offer further income potential through nightly rentals. The location benefits from ATV/rec trails running into town, increasing traffic to the business. The property is located at 308 S Main Street, Blanchardville, WI 53516, in Lafayette County. The zoning is Com.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rachel & Ray's Pub/Hotel ... Pub

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Wholesale Shop Hotel & Motel Department Store

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

    Similar Places Nearby

    Lady Dawn's Sports Bar & Grill, Husies Bar & Grill, Pabst Blue Ribbon

    Location Insight

    • Map
    • Local Demand
    City
    Blanchardville
    County
    Lafayette
    State
    Wisconsin
    Longitude
    -89.862081
    Latitude
    42.809922

    FAQs

    What type of property is this?
    Bar - Successful tavern with apartments and income potential in Blanchardville, WI.
    Where is this bar located?
    The property is located at 308 S Main St Blanchardville, WI.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Turn-key bar business with established reputation for food, fun, and music.; - Two updated, income-generating apartments upstairs.; - Enjoy the outdoor patio area for customers.
    (608) 426-7111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 S Main St Blanchardville, WI 53516
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