216 Main St Oshkosh, WI 54901-4815
This exceptional 3,033 square foot bar and restaurant, located at 216 N MAIN STREET in the heart of Oshkosh, WI's vibrant downtown, presents a truly unique investment opportunity. Boasting a coveted Main Street address, this established business benefits from its position within the city's bustling commerce and entertainment district, drawing significant foot traffic from both local residents and tourists attending numerous year-round events. The property includes a recently renovated interior, featuring updated kitchen equipment, fresh finishes, a new roof, and a modern HVAC system. A full basement provides ample storage, including a walk-in freezer and shelving, while an unfinished second floor offers exciting potential for future expansion and development. Convenient customer access is provided via both front and rear entrances. Parking is readily available, with on-street parking directly in front and additional municipal lots conveniently located behind and across the street. The property sits on a 0.08-acre lot and is offered at $495,000. This turnkey operation, complete with a liquor license, represents a rare chance to acquire a thriving business in a prime downtown location with significant upside potential. Don't miss this opportunity to own a piece of Oshkosh's thriving downtown scene.
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Water City Pub Bar & Pub
Section 30-54: (CMU) Central Mixed Use Zoning District (1) Intent. This district is intended to permit both large- and small-scale downtown commercial development at an intensity which provides significant incentives for infill development, redevelopment, and the continued economic viability of existing development. The district is also intended to retain th…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMU · Oshkosh, WISection 30-54: (CMU) Central Mixed Use Zoning District (1) Intent. This district is intended to permit both large- and small-scale downtown commercial development at an intensity which provides significant incentives for infill development, redevelopment, and the continued economic viability of existing development. The district is also intended to retain the existing “Main Street” characteristics of the core blocks in Oshkosh’s historic downtown. Residential uses are intended to occur at a minimum approximate density of 10 dwelling units per acre. (2) Principal Uses Permitted by Right. Refer to Article III for detailed definitions and requirements for each of the following land uses. (a) Single Family Living Arrangement (b) Roommate Residential Living Arrangement (3+-unit buildings) (c) Outdoor Open Space Institutional (d) Passive Outdoor Recreation (e) Active Outdoor Recreation (f) Essential Services (g) Community Living Arrangement (1-8 residents) meeting the requirements of Section 30-77(7) (h) Office (i) Personal or Professional Service (j) Indoor Sales or Service (k) Artisan Production Shop (l) Physical Activity Studio (m) Commercial Kitchen (n) Restaurants, Taverns, and Indoor Commercial Entertainment (o) Group Daycare Center (p) Commercial Indoor Lodging (q) Indoor Maintenance Service (r) Apartments with Limited Commercial (s) Mixed Use Building (t) Live/Work Unit (3) Principal Uses Permitted as Conditional Use. Refer to Article III for detailed definitions and requirements for each of the following land uses. (a) Townhouse (3-8 units per building) (b) Multiplex (3-8 units per building) (c) Apartment (3+ units per building) (d) Roommate Residential Living Arrangement (1- to 2-unit buildings) (e) Boarding House Living Arrangement (f) Cultivation (g) Community Garden (h) Market Garden (i) Community Living Arrangement (9-15 residents) meeting the requirements of Section 30-77(8) (j) Community Living Arrangement (16+ residents) meeting the requirements of Section 30-77(9) (k) Outdoor Display (l) Outdoor Commercial Entertainment (m) Drive-Through and In-Vehicle Sales or Service (n) Commercial Animal Boarding/Daycare (o) Water-Related Recreation (p) Intensive Outdoor Activity (q) Transit Center (r) Off-Site Parking Lot
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
