Restaurant & Arcade with Live
For Sale
$5,895,000
22 N Main St, Hartford, WI 53027
Impressively scaled restaurant and arcade concept offering dining for up to 999 guests with multiple full-service bars.
Property Size25,000 SF
Price / SF$235.80
Days on Market21
Property Features for 22 N Main St
General Information
Standard status
Active
Size
25,000 SF
Listing Agency:
Berkshire Hathaway HomeServices Sophia Barry Realty Group
(262) 354-4006
Listed By:
Sophia Barry · License #5960890
(262) 354-4006
Source:
Exprealty
Added: Jul 15
Changed: Jul 31
Last Checked: Jul 31 at 4:27AM
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 Berkshire Hathaway HomeServices Sophia Barry Realty Group
Investment Insights
Based on property information with market context.
The Mineshaft Restaurant, Bar & Arcade encompasses 25,000 SF across three expansive levels, designed for hospitality and entertainment with six distinct dining areas. The layout also includes four full-service bars with tap systems and top-tier kitchen facilities, plus a professional stage for live entertainment.
The property is situated on a corner of Main Street in downtown Hartford and includes an adjacent parking lot. The game room is an on-site arcade experience described as a premier attraction, supported by an established customer base.
This combination of dining, bar service, live entertainment space, and arcade amenities supports an operating environment built around both food and games under one roof.
The property is situated on a corner of Main Street in downtown Hartford and includes an adjacent parking lot. The game room is an on-site arcade experience described as a premier attraction, supported by an established customer base.
This combination of dining, bar service, live entertainment space, and arcade amenities supports an operating environment built around both food and games under one roof.
Key Highlights
- 25,000 SF restaurant, bar, and arcade operation across three levels
- Up to 999 guests total capacity
- Six distinct dining areas
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $375.0k | $15.00 |
| − Vacancy | −$13.5k | −$0.54 |
| EGI | $361.5k | $14.46 |
| − OpEx | −$90.4k | −$3.61 |
| NOI | $271.1k | $10.84 |
25,000 SF · lease $15.00/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.87M
$3.39M – $4.52M
NOI $271,125 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.87M
$6.01M – $8.02M
NOI $481,101 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
2,340 visits/mo
0.2 miles
Downtown Beverage
Shops & Services
1,408 visits/mo
0.1 miles
Demographics for 53027, WI
23,254
Population
10,091
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
91.0 sq mi
ZIP Area
256
Density / Sq Mi
$85,708
Median Household Income
$50,853
Median Earnings
$1,113
Median Rent
$290,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Impressively scaled restaurant and arcade concept offering dining for up to 999 guests with multiple full-service bars.
Where is this conventional restaurant located?
The property is located at 22 N Main St Hartford, WI.
What is the asking price?
The asking price for this property is $5,895,000.
What are key features of this property?
This property features: 25,000 SF restaurant, bar, and arcade operation across three levels; Up to 999 guests total capacity; Six distinct dining areas
