364 Main St Stoughton, WI 53589
- Commercial real estate
- 0.06 lot acres
Current Use by Public Records
- Fahrenheit 364 / Bar
Property Details for 364 Main St
- Year built
- 1884
- Lot size
- 0.06 lot acres
- Property type
- Commercial real estate
- APN
- 0511-081-3383-2
- APU
- 51108133832
Description
This exceptional 2,640 square foot commercial property at 364 E Main Street, Stoughton, Wisconsin, presents a rare turnkey opportunity. Located on a 0.06-acre lot, this historic building offers a captivating blend of character and modern functionality. The property features an original tin ceiling, adding to its unique charm and ambiance. The sale includes the established Fahrenheit 364 martini bar, complete with an existing clientele, ensuring a seamless transition for the new owner. This provides immediate income generation, complemented by two additional income-producing apartments within the building. Recent upgrades enhance the property's value and appeal
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $255,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $240,000
- Mixed-Use
- $260,000
- Hospitality
- $280,000
- Educational
- $295,000
- Residential Income
- $235,000
- Energy
- $295,000
- Income-Based Land
- $225,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Stoughton
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.2171
- Latitude
- 42.917
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA