Technical
Financial
Distress signals
Property profile

2120 Calumet Dr Sheboygan, WI 53081

OFF-MARKET
Bars & Pubs
Property ID
US92-0072262
3,262 SF 0.18 ac lot Built 1900
Entity Owned 21-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Bar & Pub

Location

2120 Calumet Dr Sheboygan, WI 53081-2422
Sheboygan metro Census 300 SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2120 Calumet Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message