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 Property Type Business/Commercial
 Parcel # 251-0050
 County Iowa
 Sub Area J17
 Municipality Mineral Point
 MLS# 1909229
 Listing Date 05/15/2021
 Sold Price $157,000
 Close Date 07/06/2022 12:00 AM

MLS Public Remarks  Welcome to Mineral Point, a town where you can let your creative juices flow and a building that will help you do just that. The lower level boasts of over 3,400 sq. ft. of entertaining space and is one of the oldest bars in town. Keep it as a bar or turn it into a different dream. The choice is yours and the space will accommodate whatever you wish to do. Currently the second level boosts of 2 apartments that can generate $700+ in monthly rent and the third level is yours for the creating! Make it into a loft apartment, two more apartments or an amazing entertaining space, the choice is yours. Whatever you decide to do you will find yourself at home among many new friends in Mineral Point!
Documents and Related Links  
* 2 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mineral Point
  • C/T/V  City
  • Unit #  
  • Directions  Exit 40 Into Mineral Point, Take 23 South To Left On Commerce St. Subject Prop Is 1 Block On Left.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  4
  • Building Gross SqFt  6,405
  • Net Leasable SqFt  6,405
  • Year Built  1857
  • Source for Year Built  Othr
  • Approx Bldg Dimen  100x50
  • Street Frontage  50
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  14
  • Number of Loading Docks  0

  • Zoning  Comm
  • Est. Total Acres  0.17
  • Source Of Est Acres  Slr
  • Lot Dimensions  48' x 149.20'
  • Owner  
  • Tradename  L & L
  • ASSESSMENT & TAXES  
  • Land Assessment  $27,300
  • Assessment Year  2020
  • Net Taxes  $3,070
  • Tax Year  2020
  • Improvements  $108,000
  • Total Assessment  $135,300
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross None No $0 $0 $0 0
    2 None 0 0 $0 $750 $0 0
    3 Bar 0 0 $0 $0 $0 3,400
    Items Included Refrigerator (2), Stove (2), Dishwasher, all business equipment, inventory, chairs, tables
    Items Excluded  Sellers personal property.
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air, Steam
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
  • EXTERIOR FEATURES  
  • Type   Apartment building, Tavern
  • Exterior Treatment  Brick
  • Building Parking  Other
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district
  • Tenant Pays  N/A
  • Present Use  Apartment building, Tavern
  • Licenses  Beer, Liquor, Wine
  • Lease Type  Gross
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  Equipment, Inventory
  • Features  Display window, Public rest rooms, Residential unit(s)



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred