109 Main St Westby, WI 54667-1105

Property Details for 109 Main St

Property type

Commercial real estate

APN

291-00291-0000

APU

291002910000

Description

This exceptional commercial property at 109 S Main STREET, Westby, WI, presents a unique investment opportunity. The main level encompasses over 5,000 square feet, housing a well-established restaurant with two dining rooms, a fully equipped kitchen, ample storage, and common areas. Included in the sale is the restaurant's equipment (a detailed list is available in the documents section) and the valuable established name and goodwill built over a century of operation at this prime Main Street location. Despite a temporary relocation this past summer due to downtown road construction, the restaurant has consistently generated over $400,000 in gross annual income since the pandemic. The owner notes significantly higher income was achieved prior to the pandemic. Adding to the property's appeal are three recently updated upper-level apartments, currently used as short-term rentals, producing between $30,000 and $36,000 in annual gross rental income. These units offer flexibility for long-term rentals as well. The property sits on a 0.24-acre lot, providing ample space. The total square footage is 7,984. The asking price for this established and profitable business with rental income is $674,900. This is a rare chance to acquire a piece of Westby's history and a thriving commercial enterprise.