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Turn-Key Bar and Restaurant

W11070 Highway 16 &Amp 60 Columbus, WI 53925

W11070 Highway 16 &Amp 60, Columbus, WI, 53925
$649,900
For Sale
Claim this Listing
$649,900

Active bar and restaurant on over 2 acres for sale.

Property Size3,300 SF
Lot Size2.05 Acres
Price / SF$196.94
AddedMar 3, 2025
Days on Market498
Last RefreshApr 5 at 8:24 pm

Property Features for W11070 Highway 16 &Amp 60

General Information

Standard status
Active
Size
3,300 SF
Lot size
2.05 Acres

Listing office re/max preferred

Listing date Mar 3, 2025

Source Exprealty

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.

Local 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 $59.4k $18.00
− Vacancy −$2.7k −$0.81
EGI $56.7k $17.19
− OpEx −$14.2k −$4.30
NOI $42.5k $12.89
3,300 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$607.8K
$531.8K – $709.1K (±1% cap)
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 (±1% cap)
NOI $51,897 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Bars & Pubs

FAQs

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.
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