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435 W Water Street,  Princeton,  WI  54968 $99,000 Sold
435 W Water Street,  Princeton,  WI  54968
$99,000
Sold
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 Property Type Business/Commercial
 Parcel # 271-00088-0000
 County Green Lake
 Sub Area I12
 Municipality Princeton
 MLS# 1961070
 Listing Date 08/01/2023
 Sold Price $59,000
 Close Date 12/19/2023 12:00 AM

MLS Public Remarks  Historic Landmark in Downtown Princeton.1944. Bowling Lanes, Video Poker Machines, and Full Bar. Locals and tourists alike have enjoyed the nostalgia of Stars and Strikes Bowling Lanes for years. If you love to entertain kids of all ages and adults, this is a place for you. Great historic building with 4 lanes, pinsetters, and lane oiler. Great for an entrepreneur, bowling clubs, a cool man-cave to hang with friends! Don't miss out on this great opportunity.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Princeton
  • C/T/V  City
  • Unit #  
  • Directions  Located On Historic Water Street Downtown Princeton On The Fox River
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  3,200
  • Net Leasable SqFt  3,200
  • Year Built  1927
  • Source for Year Built  PubR
  • Approx Bldg Dimen  24X135
  • Street Frontage  24
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  1
  • Ceiling Height Min  16
  • Ceiling Height Max  20
  • Number of Loading Docks  0
  • Zoning  Com
  • Est. Total Acres  0.1
  • Source Of Est Acres  PubR
  • Lot Dimensions  25x165
  • Owner  
  • Tradename  Stars & Strikes
    • ASSESSMENT & TAXES  
  • Land Assessment  $8,800
  • Assessment Year  2022
  • Net Taxes  $1,355
  • Tax Year  2022
  • Improvements  $49,500
  • Total Assessment  $55,300
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $137,000
  • Annual Operating Exp  $96,000
  • 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 Annual 9-31-23 0 $0 $0 $0 3,200
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included List to be provided by seller upon request
    Items Excluded  Seller's personal property ATM, JUKEBox, Dart Board, Gaming Machines rented by Schmidt Novelty Westfield, WI
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block foundation, Partial, Walkout/Outside entrance
  • Fuel  Natural gas
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Other, Recreation, Tavern
  • Exterior Treatment  Block, Wood
  • Building Parking  1-5 spaces, No Parking, Paved
  • Roofing  Composition, Partially flat
  • Terms/Option  
  • Miscellaneous  Waterfront
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Near Major Highway
  • Tenant Pays  Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Taxes, Water
  • Present Use  Other, Recreation, Tavern
  • Licenses  Beer, Liquor, Tobacco, Wine
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Signs
  • Features  Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Wisconsin Special Properties