Turn-Key Bar and
For Sale
$649,900
W11070 Highway 16 &Amp 60, Columbus, WI 53925
Active bar and restaurant on over 2 acres for sale.
Property Size3,300 SF
Lot Size2.05 Acres
Price / SF$196.94
Days on Market590
Property Features for W11070 Highway 16 &Amp 60
General Information
Standard status
Active
Size
3,300 SF
Lot size
2.05 Acres
Property subtype
Business Opportunity
Taxes and HOA fees
Annual Taxes
$6,039
Listing Agency:
re/max preferred
(727) 367-3636
Listed By:
Jammie Trapp · License #7203494
(920) 285-2703
Source:
Exprealty
Added: Mar 3, 2025
Changed: Oct 11
Last Checked: Oct 12 at 9:07PM
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 re/max preferred
Investment Insights
Based on property information with market context.
This is a turn-key, well-cared for, and very active bar and restaurant situated on over 2 acres. The property includes a 3,300 square foot bar and restaurant, an outdoor bar with a 3,000 square foot deck, a stage, a dance floor, an entertainment tent, a volleyball court, a "Pallet Barn," and a "Selfie Shed." There are over 40 parking spaces, including more than 20 motorcycle parking spaces. An upper apartment is available for potential rental income, though it is not currently leased. Most equipment, supplies, kitchenware, and furnishings are included in the sale.
Key Highlights
- Turn‑key, well‑cared for and very active bar and restaurant.
- Includes a 3,300 SF bar and restaurant with a 3,000 SF outdoor deck.
- Features an outdoor bar, stage, dance floor, entertainment tent, and volleyball court.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,545
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,900
$850.9K
Cap Rate 7%
$607,786
$607.8K
Cap Rate 9%
$472,722
$472.7K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$59.4K $18.00/SF
− Vacancy
−$2.7K −$0.81/SF
EGI
$56.7K $17.19/SF
− OpEx
−$14.2K −$4.30/SF
NOI
$42.5K $12.89/SF
Area
Columbia County, WI
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,900
Cap Rate 7%
$607,786
Cap Rate 9%
$472,722
Alternative Uses
Best Use
Specialty Retail
$607.8K
$531.8K – $709.1K
NOI $42,545 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$741.4K
$648.7K – $865.0K
NOI $51,897 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53925, WI
8,523
Population
3,766
Households
2.3
Avg Household Size
43
Median Age
30%
College-Educated
95%
High-School Grad
127.1 sq mi
ZIP Area
67
Density / Sq Mi
$86,667
Median Household Income
$54,281
Median Earnings
$852
Median Rent
$258,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Active bar and restaurant on over 2 acres for sale.
Where is this bar & pub located?
The property is located at W11070 Highway 16 &Amp 60 Columbus, WI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Turn‑key, well‑cared for and very active bar and restaurant.; Includes a 3,300 SF bar and restaurant with a 3,000 SF outdoor deck.; Features an outdoor bar, stage, dance floor, entertainment tent, and volleyball court.
