Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1027 Main St Oshkosh, WI 54902

    Sponsored
    For Sale
    $845,000

    Downtown Oshkosh, Established Business, 3 Units

    Property size:
    5,395 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Oshkosh property offers a turnkey opportunity to acquire a thriving restaurant and bar, the Sherman House Bar and Grill, known for its Friday fish fry and Old Fashions. Located on S Main St, next to the Wisconsin Herd arena, this 5,395 square foot, two-story building sits on an 11,050 square foot lot (85' x 130'). The sale includes the business name, all furniture, fixtures, and equipment (FF&E). The building, constructed in 1920 with block construction, features a full basement with crawl space. Adding to the investment potential are three recently remodeled apartments located above the commercial space, currently 100% occupied. Ample on-site and street parking is available in a paved lot. The property is zoned for Commercial Mixed Use and presents a unique blend of established business and rental income. The Sherman House Bar and Grill will continue to operate every Friday until the sale is complete, ensuring a smooth transition for the new owner. This is a rare opportunity to own a well-established business in a prime downtown location.

    Property Features for 1027 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    5,395 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1920
    Stories
    2

    HighLights

    • Restaurant and tavern business for sale, including the business name and all FF&E.
    • Ample on‑site and street parking in a paved lot.
    • 5,395 SF building on an 11,050 SF lot (85' x 130').
    • Full basement with crawl space and block construction.
    • Located in Oshkosh, WI at 1027 S Main St, APN 0302590000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oshkosh
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.538078214764
    Latitude
    44.008405454067

    Nearby Similar for Sale

    • $699,900
      3,544 SF

      Unique Earth Home on 15 Acres

      Oshkosh earth home with income potential, ponds, and outbuilding.
      1545 County Road I, Oshkosh, WI 54902
      View Details
    • $230,000
      3,008 SF

      Spacious Oshkosh Multi-Family Property

      Large duplex with potential for single-family conversion or rental income.
      541 Mount Vernon St, Oshkosh, WI 54901
      View Details
    • $229,900
      2,128 SF

      Oshkosh Duplex with New Roof

      Well-maintained Oshkosh duplex with a new roof in 2024.
      1105 Jefferson St, Oshkosh, WI 54901
      View Details
    • $3,899,900
      0.50 Acres

      Oshkosh Apartment Building Near Lake

      35-unit apartment complex near Menomonee Park and Lake Winnebago.
      1120 E Parkway Ave, Oshkosh, WI 54901
      View Details
    • $175,000
      1,712 SF

      Oshkosh Duplex: Income Potential

      Move-in ready duplex with rental income potential in Oshkosh.
      1333 Reed Ave, Oshkosh, WI 54901
      View Details
    • $185,000
      2,106 SF

      Spacious Duplex Near UW-Oshkosh

      Duplex near campus with strong rental history and income potential.
      518 Scott Ave, Oshkosh, WI 54901
      View Details
    • $165,000
      1,336 SF

      Oshkosh Duplex: Income Potential

      Income-producing duplex in Oshkosh, fully rented, immediate cash flow.
      918 Merritt Ave, Oshkosh, WI 54901
      View Details
    • $179,000
      2,268 SF

      Oshkosh Duplex Investment Opportunity

      Income-producing duplex with two units and a detached two-car garage.
      314 Viola Ave, Oshkosh, WI 54901
      View Details
    • $64,900
      1,608 SF

      Oshkosh Duplex Near Downtown

      Duplex near Leach Amphitheater, downtown, and the lake.
      538 Ceape Ave, Oshkosh, WI 54901
      View Details
    • $179,900

      Investor Duplex Near Lake Winnebago

      Duplex near Lake Winnebago with rental or Airbnb potential.
      356 W 11Th Ave, Oshkosh, WI 54902
      View Details
    • $205,000
      1,056 SF

      Loft Condo with River Views

      Loft-style condo with exposed brick, timber beams, and river views.
      1545 Arboretum Dr, Oshkosh, WI 54901
      View Details
    • $279,000
      2,130 SF

      Retail and Residential Mixed-Use Property

      Mixed-use property with commercial and residential spaces in Oshkosh.
      610 Oregon St, Oshkosh, WI 54902
      View Details

    FAQs

    What type of property is this?
    Restaurant - Downtown Oshkosh, Established Business, 3 Units
    Where is this restaurant located?
    The property is located at 1027 Main St Oshkosh, WI.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: Restaurant and tavern business for sale, including the business name and all FF&E.; Ample on-site and street parking in a paved lot.; 5,395 SF building on an 11,050 SF lot (85' x 130').
    Request Owner's contact information
    1027 Main St Oshkosh, WI 54902
    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.
    1027 Main St
    Oshkosh, WI 54902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    1027 Main St Oshkosh, WI 54902
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.