Bar Restaurant with Second-Story
Wisconsin Rapids, WI 54494 Wisconsin Rapids, WI 54494
New
Wisconsin Rapids, WI, 54494
$899,900
For Sale
$899,900
COMMERCIAL - Wisconsin Rapids, WI
Property Size8,240 SF
Lot Size0.12 Acres
Price / SF$109.21
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 8,240 SF
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1903
Listing agency
NextHome Partners
(715) 424-3000
Listed by
Brian Spranger · License #81126-94,PersonLicenseNumber
(715) 572-7117
Added: Jul 16 Updated: Jul 20 at 4:00PM Checked: Jul 21 at 12:06PM
MLS# 22501186
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-level bar restaurant building features a long bar area and spacious seating on the main level. The adjoining room includes additional seating, while the upstairs level includes a second bar and a private party room. Above the bar area are three small apartments, and there is also space noted to be finished at a later time.
The property is described as a 100+ year old building with a blend of vintage and newer elements. The Wisconsin River is located across the street, and the listing notes the business is recognized locally for food and drinks.
With a combination of restaurant space and residential units, the building offers a vertically integrated layout across the main and upper levels.
The property is described as a 100+ year old building with a blend of vintage and newer elements. The Wisconsin River is located across the street, and the listing notes the business is recognized locally for food and drinks.
With a combination of restaurant space and residential units, the building offers a vertically integrated layout across the main and upper levels.
Key Highlights
- 1903‑built bar/restaurant building in Wisconsin Rapids, across the street from the Wisconsin River
- Main level features a long bar area plus spacious seating in an adjoining room
- Upstairs includes a second bar and a private party room
Local Financial Insights For Multifamily LT 5
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 | $84.0k | $10.20 |
| − Vacancy | −$6.3k | −$0.77 |
| EGI | $77.7k | $9.44 |
| − OpEx | −$23.3k | −$2.83 |
| NOI | $54.4k | $6.60 |
8,240 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.60M
$1.40M – $1.87M
NOI $111,900 @ 7.0% cap · market cap 12.43%
Second Best
Multifamily LT 5
$777.4K
$680.3K – $907.0K
NOI $54,421 @ 7.0% cap · market cap 6.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Square Bar — 210 Johnson St, Wisconsin Rapids, WI 54495
- Wurk Bar — 212 W Grand Ave, Wisconsin Rapids, WI 54495
- B’s Tap House — 140 E Grand Ave, Wisconsin Rapids, WI 54494
- Grand Avenue Tavern — 451 E Grand Ave, Wisconsin Rapids, WI 54494
- Venus Gentleman's Club LLC — 132 2nd Ave S, Wisconsin Rapids, WI 54495
FAQs
What type of property is this?
Bar & Pub - Multi-level bar restaurant building with upstairs bar, private party room, and three small apartments above.
Where is this bar & pub located?
The property is located at Wisconsin Rapids, WI.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 1903‑built bar/restaurant building in Wisconsin Rapids, across the street from the Wisconsin River; Main level features a long bar area plus spacious seating in an adjoining room; Upstairs includes a second bar and a private party room
