1408 Madison Rd Beloit, WI 53511
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.