Bar Restaurant and Upstairs
For Sale
$349,900
107 N Main St, Rosholt, WI 54473
Spacious bar and restaurant with full kitchen, plus two rented apartments upstairs and rear parking.
Property Size3,600 SF
Price / SF$97.19
Days on Market437
Property Features for 107 N Main St
General Information
Standard status
Active
Size
3,600 SF
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,181
Listing Agency:
SMART MOVE REALTY
(715) 581-1965
Listed By:
JAN KRAETSCH · License #9050415
(715) 581-1965
Source:
Exprealty
Added: Jun 14, 2025
Changed: Aug 23
Last Checked: Aug 22 at 4:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SMART MOVE REALTY
Investment Insights
Based on property information with market context.
This for-sale property combines a bar/restaurant space with two residential units on the upper level. The commercial portion includes a full kitchen, a giant cooler, storage, a dining room, and an additional bathroom in the dining area. Customer amenities also include separate men’s and women’s bathrooms. A full basement with a sump pump supports the building, and the roof is metal. A sand point well is on site, and the property is served by natural gas heat and public sewer.
The building offers two entrances, one from the street side and one from the back side, with parking available in the back. The two upstairs apartments include one one-bedroom unit and one two-bedroom unit, and both are currently rented.
Equipment details include a pool table owned by the seller, while other machines are rented. The remarks note a smoker trailer is available separately and does not convey with the property.
The building offers two entrances, one from the street side and one from the back side, with parking available in the back. The two upstairs apartments include one one-bedroom unit and one two-bedroom unit, and both are currently rented.
Equipment details include a pool table owned by the seller, while other machines are rented. The remarks note a smoker trailer is available separately and does not convey with the property.
Key Highlights
- Bar/restaurant includes a full kitchen, dining area, storage room, and a giant cooler
- Two apartments upstairs: 1‑bedroom and 2‑bedroom, both rented for $850/month each
- Separate entrance from the street side and from the back side, plus parking in the back
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,914
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$598,280
$598.3K
Cap Rate 7%
$427,343
$427.3K
Cap Rate 9%
$332,378
$332.4K
Market Conditions
NOI Build-Up for 3,600 SF
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.
Gross rent
$45.4K $12.60/SF
− Vacancy
−$2.6K −$0.73/SF
EGI
$42.7K $11.87/SF
− OpEx
−$12.8K −$3.56/SF
NOI
$29.9K $8.31/SF
Area
Portage County, WI
Vacancy
5.79%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$598,280
Cap Rate 7%
$427,343
Cap Rate 9%
$332,378
Alternative Uses
Best Use
Specialty Retail
$700.6K
$613.0K – $817.4K
NOI $49,042 @ 7.0% cap · market cap 14.02%
Second Best
Multifamily LT 5
$427.3K
$373.9K – $498.6K
NOI $29,914 @ 7.0% cap · market cap 8.55%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54473, WI
2,582
Population
1,203
Households
2.1
Avg Household Size
47
Median Age
19%
College-Educated
94%
High-School Grad
84.4 sq mi
ZIP Area
31
Density / Sq Mi
$77,981
Median Household Income
$44,848
Median Earnings
$772
Median Rent
$229,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dollar Bill's — 158 N Main St, Rosholt, WI 54473
- The Bullpen — 121 E Randolph St, Rosholt, WI 54473
- McZ's Brew Pub — 178 N Main St, Rosholt, WI 54473
Frequently Asked Questions
What type of property is this?
Bar & Pub - Spacious bar and restaurant with full kitchen, plus two rented apartments upstairs and rear parking.
Where is this bar & pub located?
The property is located at 107 N Main St Rosholt, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Bar/restaurant includes a full kitchen, dining area, storage room, and a giant cooler; Two apartments upstairs: 1‑bedroom and 2‑bedroom, both rented for $850/month each; Separate entrance from the street side and from the back side, plus parking in the back
