308 S Main St 5,625 SF 100% Leased Retail Building Blanchardville, WI 53516 $600,000 ($106.67/SF)

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.