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Property profile & analytics
OFF-MARKET
Commercial real estate

1408 Madison Rd Beloit, WI 53511

1,620 SF 1 ac lot Built 1928
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire a piece of Beloit's rich history. The iconic Mouse Tavern, established in 1933, occupies the main building at 1408 Madison Road, boasting a long-standing reputation as a beloved local establishment. The current owners, who purchased the property in 1986, have successfully maintained its welcoming atmosphere and strong community ties. The sale includes two adjacent properties, significantly enhancing the investment potential. 1426 Ritsher generates a monthly rental income of $600. The vacant lot at 1420 Madison Road is zoned for commercial use, offering further income-generating possibilities. The main building encompasses 1,620 square feet and sits on a one-acre lot. In recent years, the property has undergone several upgrades, details of which are available upon request. These improvements include the addition of a valuable outdoor patio area, enhancing the tavern's appeal and functionality. This combined property offers a unique blend of established business, rental income, and significant development potential, making it an attractive investment opportunity in the heart of Beloit.

Property profile
Verified
Property type Commercial real estate
Year built 1928
Total area 1,620 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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