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Key Details
Sold Price $127,000
Property Type Commercial
Sub Type Restaurant/Supper Club,Retail,Tavern/Bar
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $42
MLS Listing ID 1933471
Sold Date 01/25/23
Annual Tax Amount $2,141
Tax Year 2021
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Restaurant/Supper Club,Retail,Tavern/Bar
Property Description
Real Estate sell only; Current lease is 10 years up to 6/30/2026, with one 10-year option. $1500 rent per month including 1st floor restaurant and 2nd floor residential unit till 2026; 3% annual rent increase if Option is exercised. Current business is a successful restaurant since 2016. First floor was newly remolded in 2016. The kitchen was completely built-up from floor to ceiling, front to back in 2016. Two walk-in coolers, wok, SS sinks and much more; Upstairs is a 3-bedroom apartment with a spacious living room, a kitchen and a bathroom. Seller has relocated out of state for quite a few years, would like to sell and reinvest.
Location
State WI
County Dane
Zoning Com
Rooms
Basement Partial, Block
Interior
Heating Natural Gas
Cooling Forced Air, Central Air
Exterior
Roof Type Tar/Gravel,Flat,Rubber/Membrane
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
Special Listing Condition Arms Length
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