346 Main St Hilbert, WI 54129-9282
This exceptional 3,258 square foot commercial property located at 346 W MAIN STREET, Hilbert, WI, presents a unique investment opportunity. The property boasts a well-established bar, a century-old fixture in the Hilbert downtown area, renowned for its old-world charm and detailed woodwork and ceilings. The main level also includes a complete living quarters, ideal for owner occupancy or management. Adding to the income potential are six additional rental units situated upstairs, currently operating as studio/hotel rooms. This turnkey operation offers immediate cash flow, with significant upside potential through rent increases and extended business hours for the bar. The 0.28-acre lot provides ample space. The property's established history and current income stream make it an attractive investment for both seasoned and aspiring business owners. The existing business model is easily maintained, but the property also offers considerable flexibility for creative entrepreneurs to implement their own ideas and further enhance profitability. This is a rare chance to acquire a thriving business and valuable real estate in a desirable location. The property is priced at $319,900.
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4th & Five 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
Similar Nearby for Sale
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.