346 Main StHilbert, WI 54129

For Sale
$319,900

Historic Bar, Six Rentals, High Cash Flow

Overview

Added:
Feb 3
Days on market:
39
This exceptional 3,258 square foot commercial property located at 346 W MAIN STREET, Hilbert, WI, presents a unique investment opportunity. The property boasts a well-established bar, a century-old fixture in the Hilbert downtown area, renowned for its old-world charm and detailed woodwork and ceilings. The main level also includes a complete living quarters, ideal for owner occupancy or management. Adding to the income potential are six additional rental units situated upstairs, currently operating as studio/hotel rooms. This turnkey operation offers immediate cash flow, with significant upside potential through rent increases and extended business hours for the bar. The 0.28-acre lot provides ample space. The property's established history and current income stream make it an attractive investment for both seasoned and aspiring business owners. The existing business model is easily maintained, but the property also offers considerable flexibility for creative entrepreneurs to implement their own ideas and further enhance profitability. This is a rare chance to acquire a thriving business and valuable real estate in a desirable location. The property is priced at $319,900.

Property Details for 346 Main St

Property type
Other commercial real estate
Square Feet
3,258 SF
Year Built
1890
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Hilbert
County
CALUMET
State
Wisconsin
Latitude
44.13957
Longitude
-88.15891
346 Main St, Hilbert, Wisconsin

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346 Main St
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