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    146 Main St Whitewater, WI 53190

    For Sale
    $899,000

    Historic building, restaurant & apartment

    Property size:
    4,195 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional property at 146 W Main Street in Whitewater, Wisconsin presents a unique investment opportunity. The well-maintained historic building boasts a total of 4,195 square feet situated on a 0.09-acre lot in the heart of downtown Whitewater. The property includes a fully operational restaurant, representing a turnkey business opportunity, currently generating income. Financial details regarding the restaurant's performance are available upon request. Adding to the property's appeal is a three-bedroom apartment located within the building. This apartment has a proven track record of positive rental history, providing a consistent stream of passive income. The building itself is priced at $699,000, while the established restaurant business is offered separately for $200,000. This allows for flexibility in acquisition, catering to investors interested in either the real estate alone or a combined real estate and business purchase. The combined purchase price for both the building and the restaurant business is $899,000. This prime downtown location offers excellent visibility and accessibility, making it an ideal investment for both seasoned and aspiring entrepreneurs. Detailed financial statements and operational information are available upon request. Serious inquiries only.

    Property Features for 146 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,195 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1890
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fat Jacks Sports ... Bar & Grill

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitewater
    County
    WALWORTH
    State
    Wisconsin
    Longitude
    -88.73066
    Latitude
    42.83411

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, restaurant & apartment
    Where is this commercial real estate located?
    The property is located at 146 Main St Whitewater, WI.
    What is the asking price?
    The asking price for this property is $899,000.
    (414) 425-2700
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    146 Main St Whitewater, WI 53190
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    Whitewater, WI 53190
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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
    146 Main St Whitewater, WI 53190
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