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Property profile & analytics
FOR SALE
Commercial real estate

Wisconsin Rapids, WI 54494

0.07 ac lot
Individually Owned Free & Clear
Property ID
US92-2868151
Property summary
AI-generated overview

This exceptional commercial property, located at 210 1st St N in Wisconsin Rapids, WI 54494, presents a rare opportunity to acquire a highly successful and established bar and restaurant. The property, built in 1903, boasts a total of 8,240 square feet spread across two stories on a 0.12-acre lot. The main level features a large bar area and a spacious seating area, creating a welcoming atmosphere for patrons. Upstairs, a second bar with a private party room offers additional revenue streams and versatility for events. Adding to the property's value are three existing apartments, with the potential to develop a fourth, providing further income opportunities or housing for staff. The building itself is a beautiful blend of vintage charm and modern updates, reflecting its rich history while maintaining contemporary appeal. Its prime location across from the Wisconsin River contributes to its high visibility and desirability. This turnkey operation is ideally suited for an entrepreneur seeking to acquire a profitable, established business with significant growth potential. The asking price for this remarkable property is $1,200,000. This is a truly unique opportunity to own a piece of Wisconsin Rapids' vibrant culinary and entertainment scene.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.07 ac (3,049 SF)
APN 3408167
UPID US92-2868151
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jennings & Co. Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
PETER JENNINGS
PETER JENNINGS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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