Turnkey Sports Bar &
For Sale
Contact for pricing
8101 Schofield Ave, Weston, WI 54476
High-performing sports bar and grill in the Greater Wausau area.
Property Size3,774 SF
Price / SF$260.73
Days on Market141
Property Features for 8101 Schofield Ave
General Information
Standard status
Active
Size
3,774 SF
Property subtype
Retail
Building Details
Year Built
1940
Year Renovated
2015
Buildings
1
Stories
1
Listing Agency:
NAI Pfefferle
(715) 297-1953
Listed By:
Ark Rhowmine · License #WI 5498-90
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 11 at 7:05PM
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 NAI Pfefferle
Investment Insights
Based on property information with market context.
This is a sports bar and grill located in the Greater Wausau area. The establishment offers local and imported beers, wines, and spirits. The menu features classic bar foods, as well as daily hearty dining specials. The property is a high-performing turnkey sports bar and grill located within the Greater Wausau market. It provides lunch and dinners for local businesses and families and hosts benefit banquets and community service organization meetings. The property size is 3,774 square feet.
Key Highlights
- High‑performing, turnkey sports bar & grill ready for new ownership.
- Located in the Greater Wausau area.
- Popular neighborhood establishment.
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
$48,809
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
4.96%
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%
$976,180
$976.2K
Cap Rate 7%
$697,271
$697.3K
Cap Rate 9%
$542,322
$542.3K
Market Conditions
NOI Build-Up for 3,774 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
$67.9K $18.00/SF
− Vacancy
−$2.9K −$0.76/SF
EGI
$65.1K $17.24/SF
− OpEx
−$16.3K −$4.31/SF
NOI
$48.8K $12.93/SF
Area
Marathon County, WI
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$976,180
Cap Rate 7%
$697,271
Cap Rate 9%
$542,322
Alternative Uses
Best Use
Specialty Retail
$697.3K
$610.1K – $813.5K
NOI $48,809 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
SUBWAY
Dining
6,880 visits/mo
0.1 miles
Dollar General
Shops & Services
4,906 visits/mo
0.3 miles
Demographics for 54476, WI
19,668
Population
8,574
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
42.0 sq mi
ZIP Area
468
Density / Sq Mi
$76,132
Median Household Income
$43,962
Median Earnings
$972
Median Rent
$211,300
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?
Bar & Pub - High-performing sports bar and grill in the Greater Wausau area.
Where is this bar & pub located?
The property is located at 8101 Schofield Ave Weston, WI.
What is the asking price?
The asking price for this property is $984,000.
What are key features of this property?
This property features: High‑performing, turnkey sports bar & grill ready for new ownership.; Located in the Greater Wausau area.; Popular neighborhood establishment.
