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Property profile & analytics

449 Canal St Bloomington, WI 53804

  • Commercial real estate
Value Estimation
Last Sale
Jan 04, 2021
$101,000
Location Intelligence
Property ID
US92-2695694
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bluejays Bar & Grill / Bar & Grill
  • Cheer Payroll / Payroll Service

Property Details for 449 Canal St

Property type
Commercial real estate
APN
107-00158-0000
APU
107001580000

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $105,000
  • CAP approach

    CAP return
    Estimation
    6%
    $105,000
    6.5%
    $105,000
    7%
    $115,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $95,000
    Geo Method
    $120,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $105,000
    Retail
    $100,000
    Mixed-Use
    $115,000
    Hospitality
    $125,000
    Educational
    $140,000
    Residential Income
    $105,000
    Energy
    $110,000
    Income-Based Land
    $135,000
    Food Service
    $135,000

Location Insight

  • Map
  • Local Demand
City
Bloomington
County
Grant
State
Wisconsin
Longitude
-90.9252
Latitude
42.8831
CBSA code
38420
CBSA name
PLATTEVILLE, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,631
$13,500
$96,000
$109,500
-
$0.00
$0.00
$110,100
More about this property
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