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Riverfront Bar and Mixed-Use Building
For Sale
Contact for pricing

214 S Water St, Stoughton, WI 53589

Renovated in 2008, the property features an operational bar with two apartment units above and partially remodeled basement access.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market144

Property Features for 214 S Water St

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype Retail
Zoning Cb

Additional Details

Business Included Yes
Road Access Yes
Heavy Power Yes
Multifamily Units 2

Building Details

Year Renovated 2008
Stories 2
Listing Agency: Lee & Associates - Madison
Listed By: Blake George · License #WI 49445-90
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:23AM

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 Lee & Associates - Madison

Investment Insights

Based on property information with market context.

Renovated in 2008, this mixed-use property includes a fully operational bar with a grandfathered smoking room on the first floor. The first floor also previously was licensed for five slot machines. The second floor contains two apartment units, and the partially remodeled basement includes a walkout patio and a pier on the river.

Approximately 140 feet of river frontage is part of the property’s setting in the historic downtown Stoughton business district. A large public parking lot is adjacent to the building and is maintained by the city of Stoughton. Unmetered parking is available on both Water Street and the adjacent Washington Street.

Zoned Central Business District (CB), the property allows a wide range of uses under the CB classification, including office, retail, and lodging. The building has a large 600-amp, 120/240 Volt, 3-phase, 4-wire main electrical service. A number of businesses operate in close proximity to the subject property.

Key Highlights

  • Renovated in 2008; full operational bar with two apartment units on the second floor
  • Grandfathered smoking room previously licensed for 5 slot machines on the first floor
  • Partially remodeled basement with walkout patio and pier on the river

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Grocery & Convenience Store Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Heavy power
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53589, WI

19,888
Population
9,014
Households
2.2
Avg Household Size
45
Median Age
40%
College-Educated
96%
High-School Grad
85.0 sq mi
ZIP Area
234
Density / Sq Mi
$93,509
Median Household Income
$52,809
Median Earnings
$1,150
Median Rent
$318,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • Roxys Restobar 208 W Main St, Stoughton, WI 53589
  • Water Street Tavern 324 S Water St, Stoughton, WI 53589
  • Cheesers 183 E Main St, Stoughton, WI 53589
  • Argo Craft Tavern 317 S Division St, Stoughton, WI 53589
  • Tailgaters of Stoughton 151 E Main St, Stoughton, WI 53589

Frequently Asked Questions

What type of property is this?
Bar & Pub - Renovated in 2008, the property features an operational bar with two apartment units above and partially remodeled basement access.
Where is this bar & pub located?
The property is located at 214 S Water St Stoughton, WI.
What are key features of this property?
This property features: Renovated in 2008; full operational bar with two apartment units on the second floor; Grandfathered smoking room previously licensed for 5 slot machines on the first floor; Partially remodeled basement with walkout patio and pier on the river
(608) 209-9990 Call to check price and availability
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