Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5165N Main St Winter, WI 54896
    Back to Search
    Property profile & analytics

    5165N Main St, Winter, WI 54896

    View on Map
    • Commercial real estate
    • 5,663 SF
    • 0.13 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5165N Main St

    Lot size
    0.13 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property at 5165N S Main Street, Winter, WI, presents a unique investment opportunity. The 5,663 square foot building houses a thriving Bottoms Up Sports Bar and Grill, a family-run establishment situated on a 0.13-acre lot. The property boasts a spacious, fully equipped bar and restaurant area, designed with a charming Northwoods aesthetic featuring extensive wood interior finishes. The layout includes a dedicated dining area and a gaming zone suitable for multiple pool tables and gaming machines. An additional outdoor bar area with seating and tables extends the entertainment space onto an attached deck. The kitchen is fully equipped with stainless steel appliances and an Ansul fire suppression system. Ample storage space is available throughout the building. Beyond the main business, the property includes valuable rental income potential with a 2-bedroom living quarters, a 2-bedroom apartment, and an efficiency apartment located at the rear of the building. Some high-efficiency lighting has been installed, and the building features a shingled roof and metal and wood exterior. Municipal water and sewer services are connected. Conveniently located on an ATV and snowmobile trail, this property offers a compelling combination of established business and diverse income streams. Priced at $299,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winter
    County
    SAWYER
    State
    Wisconsin
    Longitude
    -91.0119
    Latitude
    45.822

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      5186 Ns Main St

      COMMERCIAL (GENERAL)
      5186 Ns Main St, Winter, WI 54896-7736
      View Details
    • Value Estimation by Request
      0.81 Acres

      5220 Nn Main St

      COMMERCIAL (GENERAL)
      5220 Nn Main St, Winter, WI 54896
      View Details
    • Value Estimation by Request
      0.05 Acres

      5147 Ns Main St

      COMMERCIAL (GENERAL)
      5147 Ns Main St, Winter, WI 54896
      View Details
    • Value Estimation by Request
      0.18 Acres

      6550 Hazel St

      COMMERCIAL (GENERAL)
      6550 Hazel St, Winter, WI 54896-6100
      View Details
    • Value Estimation by Request
      0.20 Acres

      6580 State Rd 70

      COMMERCIAL (GENERAL)
      6580 State Rd 70, Winter, WI 54896-5204
      View Details
    • Value Estimation by Request
      1.02 Acres

      6617 State Rd 70

      COMMERCIAL (GENERAL)
      6617 State Rd 70, Winter, WI 54896-5202
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,663 SF

      Northwoods Bar and Grill For Sale

      Family-run bar and grill with living quarters and rental units.
      5165N S Main St, Winter, WI 54896
      View Details
    • $168,000
      27.16 Acres

      Land for Recreation and Hunting

      27.16 acres of land ideal for recreation and hunting.
      L10-l13 Northern Shr Way, Winter, WI 54896
      View Details
    • $525,676
      197.14 Acres

      Sawyer County Forestland For Sale

      197.14 acres of forestland in Sawyer County, Wisconsin.
      On Cth B, Winter, WI 54896
      View Details
    • $134,900
      2.23 Acres

      Lakefront Land in Winter, Wisconsin

      2.23 acre lakefront property with 200 feet of frontage.
      8659N Bluegill Lake Rd, Winter, WI 54896
      View Details
    • $55,000
      Pending

      Barker Lake Waterfront Lot

      Improved 0.48-acre waterfront lot on Barker Lake.
      6629 Golf Course Rd, Winter, WI 54896
      View Details
    • $30,000
      3.98 Acres

      Corner Lot Near ATV Trails

      3.98 acre corner lot near ATV and state trails.
      6874 N County Road B, Winter, WI 54896
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5165N Main St
    Winter, WI 54896
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5165N Main St, Winter, WI, 54896
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!