346 Main StHilbert, WI 54129

For Sale
$319,900

Turnkey Bar & 7 Rental Units

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a historic two-story commercial building located at 346 W Main St, Hilbert, WI 54129. Built in 1890, this property boasts a charming, established bar with a loyal clientele, providing immediate income potential. The building also includes seven additional rental units, generating substantial monthly rental income. Six upper-level units, each featuring one or two bedrooms and in-unit laundry, currently rent for $400 per month. A lower-level apartment, ideal for an owner-operator, offers a spacious living room and kitchen. This unit will be vacant upon sale. A detached two-car garage adds further value and utility. The property is zoned for commercial use and sits on a lot in Calumet County. The potential rental income from the apartments is estimated at $3200 per month, with additional revenue streams available from the bar's operation or rental. This turnkey business and building presents a rare opportunity to acquire a profitable, established enterprise with significant upside potential in a desirable Wisconsin location. The asking price is $319,900.

Highlights

  • $319,900 asking price.
  • Turnkey bar business with established clientele.
  • Seven rental units, including a landlord's apartment.
  • Detached two-car garage.
  • Historic building, constructed in 1890, with commercial zoning.

Property Details for 346 Main St

Property type
Investment properties, Other commercial real estate
Year Built
1890
Stories
2
Units
7

Location Insight

City
Hilbert
County
Calumet
State
Wisconsin
Latitude
44.1395823
Longitude
-88.158946
346 Main St, Hilbert, Wisconsin

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346 Main St
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