308 S Main St - Storefront Retail/Residential FOR SALE


Blanchardville, WI 53516
$600,000 USD
608-558-5007
308 S Main St, Blanchardville, WI for Sale
$600,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | Request Cap Rate

308 S Main St
Blanchardville, WI 53516


HIGHLIGHTS

  • Operating tavern business offered with equipment, inventory, furniture, and signage.
  • Two occupied apartments provide established rental income.
  • Two hotel-style rooms offer additional lodging revenue potential.
  • Outdoor patio supports customer gatherings and seasonal entertainment.
  • Downtown Main Street location within Blanchardville's business district.
  • ATV and recreational trail access contributes to visitor traffic.

OVERVIEW

308 S Main Street presents the opportunity to acquire an operating downtown hospitality business combined with multiple income-producing residential and lodging components in the Village of Blanchardville. The property consists of a three-story brick building currently operating as a tavern with seating, entertainment areas, outdoor patio space, and supporting commercial improvements, while also benefiting from residential rental income generated by upper-level apartments. The main commercial component has established food, beverage, and entertainment operations, including a pool area, gaming machine area, public restrooms, and indoor seating. An outdoor patio provides additional customer gathering space and supports seasonal events and live entertainment opportunities. The sale includes equipment, inventory, furniture, signage, and business-related assets, creating a turnkey acquisition opportunity for an owner-operator or investor seeking a mixed-use asset with diversified revenue streams. Above the commercial space are two occupied apartments that currently contribute recurring rental income. The property also includes two additional hotel-style rooms that provide potential for short-term lodging revenue. Downtown positioning along Main Street places the property within the community's central business district and benefits from local commercial activity, community events, and visitor traffic. Recreational ATV and trail users traveling into Blanchardville provide an additional source of customer exposure for the business. Constructed in 1913, the building is served by municipal water and sewer, natural gas service, forced-air heating, central air conditioning, and on-site paved parking. The combination of an operating tavern, residential income units, lodging potential, and included business assets creates a mixed-use investment opportunity with multiple income sources under one roof.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,625 SF

ZONING

COMM

APN/PARCEL ID

108.0039.2000

ASK ABOUT THIS PROPERTY

Pam KrahenbuhlExit Commercial GroupMore Info
608-558-5007

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Pam KrahenbuhlExit Commercial GroupMore Info
608-558-5007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.