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Property profile & analytics
OFF-MARKET
Bars & Pubs

2120 Calumet Dr Sheboygan, WI 53081-2422

3,262 SF 0.18 ac lot Built 1900
Entity Owned 21-yr Hold Free & Clear
Property ID
US92-0072262
Property summary
AI-generated overview

This turnkey commercial property at 2120 Calumet Drive in Sheboygan, Wisconsin presents a fantastic investment opportunity. The 1,980 square foot building sits on a 0.18-acre lot and is currently operating as a successful bar and tavern. The property has undergone a complete renovation and update, making it move-in ready for a new owner. Included in the sale are all existing gaming machines (a detailed list is available upon request). A significant advantage is the inclusion of a private apartment located on the upper level. This space can generate additional rental income or serve as living quarters for the owner or manager. The property boasts an excellent location with an established customer base, ensuring a smooth transition for the new operator. Ample off-street parking is available, accommodating up to 13 vehicles, plus a private one-car garage. The roof is constructed with an EPDM membrane, providing reliable weather protection. The asking price for this exceptional turnkey business is $360,000. This is a rare opportunity to acquire a well-established and profitable business with significant upside potential. Don't miss out on this chance to own a thriving Sheboygan establishment.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,262 SF
Lot 0.18 ac (7,667 SF)
Zoning code BB2
APN 59281611060
UPID US92-0072262
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
Current use
Occupant on record · Public records
  • Braveheart Pub Bar & Pub
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
Markevitchs Braveheart Pub LLC · 21 yrs held
Markevitchs Braveheart Pub LLC
since 2004
4 recorded transactions
2004
Price N/A
2004
Price N/A
2004
$124,500
1969
Price N/A
Zoning & alternative use
BB2 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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