827 Pennsylvania Ave Sheboygan, WI 53081-4423
This exceptional commercial property at 827 Pennsylvania Avenue in Sheboygan, Wisconsin presents a unique investment opportunity. The 1,266 square foot building sits on a 0.04-acre lot and is currently operating as a well-established bar with a loyal customer base and strong community reputation. The sale includes the real estate, the existing business, and an upper apartment, providing multiple income streams. The bar benefits from a prime downtown location, surrounded by office buildings and retail shops, ensuring high foot traffic and excellent visibility. Large street-facing windows and prominent signage maximize brand exposure. Convenient customer parking is available both on the street and in nearby public lots. The sale also includes a transferable liquor license, a significant asset for any prospective buyer. The upper apartment offers additional rental income potential, further enhancing the return on investment. Specific inclusions are negotiable, providing flexibility for the new owner. This turnkey operation is ideal for experienced bar owners seeking expansion or entrepreneurs looking to establish themselves in a thriving market. The strong foundation and established clientele provide a solid base for continued success and growth. The asking price is $349,900.
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Penn Avenue Pub 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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BA7 · Sheboygan, WISheboygan. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.