305 Main St Goodman, WI 54125
This exceptional 9,000 square foot commercial property, situated on a 0.56-acre lot at 305 Main Street in Goodman, Wisconsin, presents a unique investment opportunity. Currently operating as a thriving bar, grill, and event center, this "turn-key" business is ready for immediate operation. The main level boasts a spacious bar and dining area complete with a welcoming fireplace, a large ballroom equipped with a bar and stage, and a convenient office/loft area. A fully functional kitchen includes a substantial 14 x 10 walk-in cooler/storage area and a dedicated dishwashing sink room. Adding to its versatility, a third bar and game area are located on the lower level, currently open to the public weekly. The property has received approval for a capacity of 500 patrons, making it ideal for a wide range of events. The current owner has successfully hosted weddings, proms, live music performances, Christmas parties, and various community gatherings. This established business enjoys a prime location in Northern Marinette County, offering significant potential for continued growth and profitability. Don't miss this chance to acquire this well-established and highly sought-after Northwoods gem.
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The Goodman Clubhouse Event Venue & Ruby's Bar Bar & Pub
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
Property description
Physical attributes from public recordsZoning & alternative use
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.