449 Canal St Bloomington, WI 53804-9651
This well-established tavern at 449 Canal Street, Bloomington, WI, presents a fantastic turnkey opportunity for a new owner. The 1,512 square foot building boasts a recently updated interior, including a new bar top, flooring, cooler, kitchen grill, and fryers. This ensures a smooth transition for the buyer, minimizing upfront investment and maximizing immediate revenue potential. The bar has enjoyed a long history as a popular local establishment in southwest Wisconsin, building a loyal customer base. Adding to its appeal is a one-bedroom apartment located below the bar, currently generating $500 per month in rental income. This provides an additional revenue stream, enhancing the overall profitability of the investment. The property is offered at $164,900 and is ready for immediate operation. The location in Bloomington, WI offers easy access to local residents and provides a strong foundation for continued success. This is a rare opportunity to acquire a profitable, established business with recent upgrades, ready for a new owner to step in and continue its legacy. The combination of a thriving bar and a rental apartment makes this a truly unique and attractive investment. Don't miss out on this chance to own a piece of Bloomington's history and secure a promising future in the hospitality industry. Schedule a showing today.
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Bluejays Bar & Grill Bar & Pub Restaurant
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Cheer Payroll Accounting Firm
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.