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111 W Main St,  Marshall,  WI  53559 $220,900 Sold
111 W Main St,  Marshall,  WI  53559
$220,900
Sold
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 Property Type Business/Commercial
 Parcel # 0812-152-2240-2
 County Dane
 Sub Area D26
 Municipality
 MLS# 1778495
 Listing Date 06/10/2016
 Sold Price $205,000
 Close Date 05/31/2017 12:00 AM

MLS Public Remarks  Over 6000 square feet on first and second floor. First floor is a vacant restaurant. Second floor has 2 3 bedrooms apartments. Current rent are just the apartment. First Floor is ready to a restaurant business to start. The basement is mostly walled and partitioned for plenty of storage. Liquor license is currently available to be applied with the Village of Marshall. Rents from the apartments are sufficient to cover mortgage and taxes. Owner is broker.
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Marshall
  • C/T/V  Village
  • Unit #  
  • Directions  Corner Of Hwy 19 (w. Main Street) And Hwy 73 (deerfield Road)
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  6000
  • Building Gross SqFt  6,000
  • Net Leasable SqFt  6,000
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  80X35
  • Street Frontage  150
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  Com
  • Est. Total Acres  0.0
  • Source Of Est Acres  
  • Lot Dimensions  132X40
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $33,200
  • Assessment Year  0
  • Net Taxes  $5,276
  • Tax Year  2015
  • Improvements  $186,900
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,016
  • Gross Operating Income  $0
  • Annual Operating Exp  $13,000
  • Net Operating Income  $11,600
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Commercial vacant Yes $0 $0 $0 3,000
    2 Resident 2017 Yes $13,200 $1,300 $0 0
    3 Resident 2017 Yes $11,400 $1,300 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Apartment building, Beauty/barber, Grocery, Mixed use, Office, Restaurant/Supper Club, Retail, Service
  • Exterior Treatment  
  • Building Parking  1-5 spaces, Onsite, Paved
  • Roofing  Partially flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district
  • Tenant Pays  Air Conditioning, Electric, Heat, Janitorial, Sewer, Water
  • Present Use  Apartment building, Mixed use, Restaurant/Supper Club
  • Licenses  None
  • Lease Type  Annual, Renewal options
  • Occupied by  
  • Sale Includes  All equipment, Lease(s), Some furniture
  • Features  Inside storage, Private Restrooms, Residential unit(s), Shared Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Koua Vang