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PBR's Lounge Around 137 S Main St 2,800 SF Retail Building Medford, WI 54451 $219,900 ($78.54/SF)

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INVESTMENT HIGHLIGHTS

  • Living quarters or rental income
  • On Taylor County's snowmobile & ATV rail trail
  • Located in the heart of downtown

EXECUTIVE SUMMARY

1,400 sq ft bar area, 1,400 sq ft upper living quarters.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $1,414
Annual Per SF $0.51

PROPERTY FACTS Under Contract

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
2,800 SF
Year Built
1940
Price
$219,900
Price Per SF
$78.54
Tenancy
Single
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.03 AC
Zoning
G2-Commerical

ABOUT 137 S MAIN ST , MEDFORD, WI 54451

PBR’s Lounge Around Tavern is a well-established bar on Main St in Medford, WI. They proudly serve Pabst Blue Ribbon on tap, margaritas, all your favorite cocktails, juicy burgers, & other bar bites. It's located right in the heart of downtown and directly on Taylor County’s Snowmobile and ATV Rail Trail. This hometown favorite draws a steady stream of outdoor enthusiasts as well as loyal regulars and friendly clientele. One of the added features is the living quarters upstairs for owner occupancy or rental income. The living quarters has three bedrooms, full bathroom, kitchen, living room, and a laundry room. It's separate from the bar and has it's own entrance. PBR Lounge is a turn-key business that comes with all the equipment and furniture. Menu items are prepared in the kitchenette area with freezer, fridge, air fryer, counter top convection oven, and microwave. The current owner is retiring and willing to train new owners. The asking price includes including real estate. Don’t miss this chance to own a piece of old town Medford and be your own boss! Lots of growth potential to expand hours of operation, host weekly entertainment, and tap into snowmobile and ATV users.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
251-00488-0000
Land Assessment
$4,600
Improvements Assessment
$65,400
Total Assessment
$70,000
  • Listing ID: 29088912

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: 137 S Main St, Medford, WI 54451

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