137 Main St Medford, WI 54451-1842

Property Details for 137 Main St

Lot size

0.03 lot acres

Property type

Commercial real estate

APN

251-00488-0000

APU

251004880000

Description

This well-established bar, PBR's Lounge Around, is located at 137 S Main St in Medford, WI, 54451. The 2,500 square foot retail space is zoned commercial and sits on a 0.03-acre lot. Priced at $226,900 ($90.76/sq ft), this turnkey operation includes all equipment and furniture, even several gaming machines. The bar boasts a loyal clientele and benefits from its prime downtown location, a short distance from Taylor County's Snowmobile and ATV Rail Trail, attracting both locals and outdoor enthusiasts. Renovations were completed in 2015, 2017, and 2018. A significant advantage is the inclusion of a separate three-bedroom apartment above the bar, complete with a full bathroom, kitchen, living room, and laundry room. This apartment offers potential for additional income through rental or owner occupancy. The bar's kitchen, surprisingly efficient without a hood system, features a freezer, refrigerator, countertop convection oven, microwave, countertops, and a bottle crusher. Current operating hours are Wednesday-Friday 11 am to closing, Saturday 1 pm to closing, and Sundays only during Green Bay Packers games. The current owner is retiring and is willing to provide training to the new owner. There's potential for increased revenue by expanding operating hours. This presents a unique opportunity to own a piece of Medford's history and be your own boss.