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    306 Main St Merrimac, WI 53561

    For Sale
    $525,000

    Thriving Business, Prime Location, Turn-Key

    Property size:
    1,898 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional opportunity presents the chance to acquire a well-established and highly successful restaurant and tavern located at 306 W Main Street in the charming town of Merrimac, Wisconsin. Boasting 1,898 square feet on a 0.44-acre lot, this landmark establishment enjoys a prime location in the heart of Merrimac, within easy walking distance of the Merrimac Ferry and Lake Wisconsin. The business has built a strong reputation as a local favorite, attracting both residents and visitors seeking a welcoming atmosphere, delicious food, and refreshing drinks. Its success is evidenced by its recent accolade: a ranking among the top 8 burger restaurants in Wisconsin for 2023. This turnkey operation is ready for a new owner to step in and continue its legacy of success. The property includes all necessary equipment and fixtures, allowing for a seamless transition. The substantial customer base and prime location provide a solid foundation for continued growth and profitability. This is a rare opportunity to own a thriving business in a desirable location, offering significant potential for return on investment. The property's convenient location near the ferry and lake provides additional foot traffic and tourism opportunities. Don't miss this chance to own a piece of Merrimac's vibrant culinary scene. The asking price is $525,000.

    Property Features for 306 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,898 SF
    Lot Size
    19,166 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Ferry Xing Bar ... Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hotel & Motel Grocery Store Storage Facility Bar & Pub Electronics Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrimac
    County
    SAUK
    State
    Wisconsin
    Longitude
    -89.62746
    Latitude
    43.37287

    Nearby Similar for Sale

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    • $2,495,000
      6,000 SF

      Merrimac Event Venue & Restaurant

      Historic Charm, Modern Amenities, Stunning Views
      13887 County Road Dl, Merrimac, WI 53561
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    FAQs

    What type of property is this?
    Commercial real estate - Thriving Business, Prime Location, Turn-Key
    Where is this commercial real estate located?
    The property is located at 306 Main St Merrimac, WI.
    What is the asking price?
    The asking price for this property is $525,000.
    (608) 635-4610
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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
    306 Main St Merrimac, WI 53561
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