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312 Dewitt St
Portage, WI 53901

$495,000 USD

General Retail For Sale  •  1,540 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,540 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1930
  • Tenancy Single
40 Walk Score

Description

Step into immediate profitability with this turnkey Bar & Grill that delivers consistent cash flow from day one. You'll inherit three decades of proven success, complete with a loyal customer base that ensures steady revenue without the typical startup struggles of building clientele from scratch.

This downtown location positions you at the center of community activity, where your investment works harder through high visibility and established foot traffic patterns. The fully operational kitchen with commercial-grade equipment means you can maximize revenue streams immediately - no costly delays or equipment investments needed to start generating income.

Your operational efficiency translates directly to higher margins through the well-designed layout featuring both front bar service and back kitchen capabilities. This dual-revenue model allows you to capture dining customers alongside traditional bar patrons, significantly expanding your earning potential compared to single-service establishments.

The 30-year ownership history demonstrates remarkable business stability, giving you confidence in predictable returns and reducing investment risk. You're acquiring more than a business - you're securing a community institution with deep local roots that competitors cannot easily replicate.

As an owner-operator, you'll enjoy the lifestyle benefits of running a respected local establishment while building equity in both the business and real estate. For investors, this represents a proven cash-flowing asset with multiple exit strategies and appreciation potential.

The turnkey nature eliminates the typical 6-12 month ramp-up period, allowing you to start collecting returns immediately while benefiting from established vendor relationships, trained customer expectations, and proven operational systems that previous ownership has refined over decades.

Highlights

Downtown location
Historic building - Well maintained
Designed for maximum efficiency with minimal staff

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
2 min 13 min 0.7 mi
AirportDriveWalkDistance
Dane County Regional/Truax Field 43 min - 34.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Rick Guntzel 612-889-8100 HSC Business Brokers
Rick Guntzel 612-889-8100 HSC Business Brokers