MLS Public Remarks Commercial property located in a busy street. Many new updates added recently. Presently used as a restaurant, but it may be potentially use for many other things. Includes a banquet hall, office, storage room, and walking refrigerator. Tables, chairs, booths, televisions, inventory and some equipment may be included, not warranted. Decorations are not included. Showings only on Tuesdays when business is closed. If the cooperating broker and agent are not members of the Rock Green MLS or SCWMLS, the offer of compensation is 2.4% to subagents and 2.4% to buyer agents.
Location Town
Other Marketing Area P02
Mailing City Beloit
C/T/V Town
Unit #
Directions Hwy 51 To West On Newark Rd To South On Afton Rd.
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $18,000
Total Units/Bldg 1
Building Gross SqFt 3,960
Net Leasable SqFt 3,960
Year Built 1947
Source for Year Built PubR
Approx Bldg Dimen 3960
Street Frontage 125
Parking Fees/Mo. $0
Onsite Parking 11-20
# of Stories 0
Ceiling Height Min 8
Ceiling Height Max 12
Number of Loading Docks 0
Zoning B2
Est. Total Acres 0.36
Source Of Est Acres PubR
Lot Dimensions 125x126
Owner
Tradename
Land Assessment $16,300
Assessment Year 1915
Net Taxes $2,741
Tax Year 2017
Improvements $98,000
Total Assessment $114,300
Income/Expenses Year $0
Gross Operating Income $9,999
Annual Operating Exp $9,999
Net Operating Income $9,999
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
N/A |
N/A |
No |
$1,500 |
$18,000 |
$0 |
3,900 |
2 |
- |
0 |
No |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded
Heating/Cooling Central air
Water/Waste Municipal water, Non-Municipal/Prvt dispos
Basement
Fuel Natural gas
Seating Capacity 21-30 persons
Type Restaurant/Supper Club
Exterior Treatment Brick
Building Parking 11-20 spaces
Roofing Rubber/membrane
Terms/Option Other
Miscellaneous
Documents on File
Location Corner
Tenant Pays N/A
Present Use Restaurant/Supper Club
Licenses None
Lease Type None
Occupied by
Sale Includes Equipment, Inventory
Features Overhead doors
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Mardel Realty Group, Llc