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100 6th Ave,  New Glarus,  WI  53574 $1,100,000 Expired
100 6th Ave,  New Glarus,  WI  53574
$1,100,000
Expired
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 Property Type Business/Commercial
 Parcel # 231-6134.0000
 County Green
 Sub Area H20
 Municipality New Glarus
 MLS# 1845790
 Listing Date 11/16/2018

MLS Public Remarks  Historic New Glarus Hotel Restaurant known for its fine Swiss cuisine. 250 seat capacity that includes a full commercial kitchen, lounge w/unique sunken bar, upper level dining rm w/fireplace & service bar, & a main dining rm w/dance floor & stage, a "Fondue Stub" banquet rm & a balcony dining area, totaling 11, 560 sq ft. The Ticino Pizzeria (1,456 sq ft) is an extension of the restaurant providing an add'l revenue stream. The real estate also incorporates one retail tenant, The Edelweiss Cheese Shop (620 sq ft) & 1 (2) bdrm apt. There are 4 hotel rms upstairs (each w/private bath) that provide add'l revenue.
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  New Glarus
  • C/T/V  Village
  • Unit #  
  • Directions  Approx 20 Min (22 Miles) From Madison & Verona Rd - Exit W. Beltline At Hwy 151 South To Hwy 69, South On 69 10 Min To New Glarus
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $620
  • Total Units/Bldg  1
  • Building Gross SqFt  22,176
  • Net Leasable SqFt  13,636
  • Year Built  1858
  • Source for Year Built  Appr
  • Approx Bldg Dimen  132x69
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  6 - 10
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  C-1
  • Est. Total Acres  0.21
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $47,800
  • Assessment Year  0
  • Net Taxes  $15,728
  • Tax Year  2017
  • Improvements  $597,200
  • Total Assessment  $0
    • 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 Edelweiss n/a Yes $800 $620 $0 620
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Turnkey with all equipment.
    Items Excluded  Chef's knives; cowbell decoration in stage area, leased water softeners (2) and water heaters (2) and 3 dishwashers.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Heat pump, Radiant, Zoned heating
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial
  • Fuel  Electric, Natural gas
  • Seating Capacity  Over 100 persons
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club, Retail
  • Exterior Treatment  
  • Building Parking  6-10 spaces, Onsite, Paved, Shared
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Fixtures & equipment
  • Location  Business district
  • Tenant Pays  Electric, Heat
  • Present Use  Restaurant/Supper Club, Retail
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  Gross, Month to month
  • Occupied by  
  • Sale Includes  Business name, Easements, Equipment, Furniture, Lease(s), Signs
  • Features  3 phase electric, 440+ volt, Alley, Freight elevator, Private office(s), Public rest rooms, Reception area



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc