346 Main StHilbert, WI 54129

Property Details for 346 Main St

Lot size

0.28 AC

Property type

Commercial real estate

APN

12851

APU

12851

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $2,520,802

  Hospitality

  $2,309,040

  Educational

  $1,921,095

  Medical

  $1,987,164

  Retail

  $2,988,370

Location Insight

City

Hilbert

County

Calumet

State

Wisconsin

Latitude

44.1396

Longitude

-88.1588

CBSA code

11540

CBSA name

APPLETON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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