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Property profile & analytics
OFF-MARKET
Commercial real estate

137 Main St Medford, WI 54451-1842

0.03 ac lot
Entity Owned ~ Est. High Equity
Property ID
US92-1340839
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.03 ac (1,307 SF)
APN 251-00488-0000
UPID US92-1340839
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bobby T S Lounge Around LLC
Bobby T S Lounge Around LLC
since 2026
Last sale
$194,900
3 recorded transactions
2026
$194,900
2017
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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