Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Restaurant, Bar, and Bowling Alley Title is generated by Realmo AI

    210-202 Superior Ave -, Tomah, WI 54660

    View on Map
    Claim this Listing
    For Sale
    $1,975,000

    Retail,Special Purpose - Tomah, WI

    Property size:
    20,000 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $98/SF
    Added:
    Feb 13, 2025
    Days on Market:
    454
    Last Refresh:
    May 13 at 8:06 am

    Property Features for 210-202 Superior Ave -

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Comm/Res
    Security features
    Security Lighting
    Interior features
    Carpeting, Compressor, Display Window, Fixtures, Furniture, Handicap Access, Inside Storage, License Included, Living Space Avail., Office(s), Other, Rest Rooms, Sprinkler System
    Exterior features
    Outside Storage
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    286023400000
    Size
    20,000 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    18832.72

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Floors in Building
    2
    Building materials
    Stucco
    Roof type
    Tar/Gravel
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Eric Seeger

    Listing agent Eric Seeger License #73380-94

    Listing office United Country Midwest Lifestyle Properties LLC 426 2nd Ave S, Onalaska, WI 54650, Onalaska, WI

    Listing date Feb 13, 2025

    MLS# 1907015 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established restaurant, bar, and bowling alley with a 35+ year history and strong community roots.
    • Multiple revenue streams from restaurant, bar, and bowling alley.
    • Prime location in Tomah, Wisconsin.
    • Includes essential interior features: furniture, fixtures, handicap access, and rest rooms.
    • Opportunity for growth through event hosting, themed nights, menu updates, and online marketing.
    • Handicap accessible with an accessible approach and ramp.

    Overview

    This well-established restaurant, bar, and bowling alley, a community favorite for over 35 years, is located in Tomah, Wisconsin. The versatile entertainment hub offers a unique opportunity to expand an already successful business. With strong community roots and a solid customer base, this business is poised for significant growth. Potential opportunities include expanding event hosting, launching themed bowling nights, updating the menu with trending food options, and increasing online marketing efforts. The property is zoned Comm/Res and has a lot size of 1 acre. The property size is 20000 square feet. It is located in Monroe County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bowling alleys

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tomah
    County
    Monroe
    State
    Wisconsin
    Longitude
    -90.504179
    Latitude
    43.984723

    Nearby Similar for Sale

    • $249,900

      Established Business Opportunity in Tomah

      Turnkey business with building, equipment, and inventory included.
      1201 Superior Avenue, Tomah, WI 54660
      View Details
    • $2,104,000

      Versatile Commercial Property with Multiple Opportunities

      Unique commercial property with diverse business opportunities on 111 acres.
      10555 Freedom Rd, Tomah, WI 54660
      View Details
    • $2,329,000

      Versatile Commercial Property with Golf

      Unique 45-acre property with multiple business opportunities.
      10555 Freedom Rd, Tomah, WI 54660
      View Details
    • $854,000
      9,400 SF

      Turn-Key Business Opportunity Near Tomah

      60-acre property with remodeled buildings, active bar, and rental units.
      60 +/- Acres Freedom rd, Tomah, WI 54660
      View Details
    • $374,500

      Tomah Apartment Building with Income

      Two-story apartment building with shop and garage in Tomah.
      320 - 322 Superior Avenue, Tomah, WI 54660
      View Details
    • $349,900

      Remodeled Duplex in Tomah, WI

      Completely remodeled side-by-side duplex, ideal for investment or owner-occupancy.
      315 W Juneau Street, Tomah, WI 54660
      View Details
    • $199,900

      Tomah Duplex with Acre Lot

      Duplex on 1 acre with private entrances and garages.
      215 E Logan Street, Tomah, WI 54660
      View Details
    • $285,000

      Tomah Triplex with Long-Term Tenants

      Triplex in Tomah with long-term tenants and newer amenities.
      415 Superior Avenue, Tomah, WI 54660
      View Details
    • $1,069,700

      Industrial Buildings on 15.576 Acres

      Four commercial buildings with road frontage and easy interstate access.
      1010,1106,1108 Townline, Tomah, WI 54660
      View Details
    • $575,000
      18,488 SF

      Tomah Warehouse/Industrial Building For Sale

      18,500 SF warehouse/industrial building with easy access to transportation.
      114 W Juneau STREET, Tomah, WI 54660
      View Details
    • $575,000
      18,500 SF

      Industrial Warehouse with Flexible Layout

      Well-maintained warehouse adaptable to various uses and multi-tenant possibilities.
      114 W Juneau St, Tomah, WI 54660
      View Details

    FAQs

    What type of property is this?
    Bowling alley - Established restaurant, bar, and bowling alley in Tomah, Wisconsin.
    Where is this bowling alley located?
    The property is located at 210-202 Superior Ave - Tomah, WI.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: Established restaurant, bar, and bowling alley with a 35+ year history and strong community roots.; Multiple revenue streams from restaurant, bar, and bowling alley.; Prime location in Tomah, Wisconsin.
    (608) 790-5229
    We can help!
    Listing Contact
    Eric Seeger
    Real Estate License ID: 73380-94
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    210-202 Superior Ave -, Tomah, WI 54660
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!