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Key Details
Sold Price $399,000
Property Type Commercial
Sub Type Restaurant/Supper Club,Apartment building,Retail,Tavern/Bar
Listing Status Sold
Purchase Type For Sale
Square Footage 3,195 sqft
Price per Sqft $124
MLS Listing ID 1908141
Sold Date 02/10/22
Year Built 1930
Annual Tax Amount $6,003
Tax Year 2020
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Restaurant/Supper Club,Apartment building,Retail,Tavern/Bar
Property Description
TURNKEY Supper Club! Truly a rare find with so much upside! Located in the heart of historic downtown Watertown. The Elias Inn! Includes a large 3 bedroom apartment unit upstairs that could be lived-in or rented out for excellent cash flow! Downtown Watertown is booming with large planned developments. HUGE upside revenue potential by adding dining room seating to the bar, adding outdoor seating, renting the upper unit, and increasing days of operations from 4 to 7! Tons of off road parking maintained by the City of Watertown. This building has so much history, formerly the Watertown Inn and Powers Inn, and has been attracting tourists for close to a Century! You have the chance to write the next chapter, are you ready to make history?
Location
State WI
County Jefferson
Zoning Commercial
Rooms
Basement Full, Walk Out/Outer Door
Interior
Heating Natural Gas
Cooling Forced Air, Steam, Hot Water/Steam
Exterior
Roof Type Tile/Concrete,Rubber/Membrane
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
Special Listing Condition Arms Length
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Bought with First Weber, Inc
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