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1101 1st Center Ave,  Brodhead,  WI  53520 $179,000 Expired
1101 1st Center Ave,  Brodhead,  WI  53520
$179,000
Expired
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 Property Type Business/Commercial
 Parcel # 206-0495.0000
 County Green
 Sub Area H05
 Municipality Brodhead
 MLS# 1853675
 Listing Date 04/05/2019

MLS Public Remarks  Phenomenal Opportunity! Currently occupied by a quaint cafe and a thriving tavern plus a vacant but gorgeous retails pace with many opportunities! In years long past, the upper levels were the Young House Hotel w/ a once grand stairway & open foyer. Sellers have already rehabbed so much; new windows, roof, tuck pointed, remodeled first floor and more. Buy now and enjoy security w/ first floor business tenants and make your own plans for utilizing the upper levels.
Documents and Related Links  
1) LBP
2) RECR
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Brodhead
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 11 (becomes 1st Center Ave In Brodhead) To Downtown Business Square. On The Corner Of 1st Center & W. Exchange.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $10
  • Total Units/Bldg  3
  • Building Gross SqFt  10,296
  • Net Leasable SqFt  3,500
  • Year Built  1864
  • Source for Year Built  PubR
  • Approx Bldg Dimen  54x67
  • Street Frontage  54
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  3
  • Ceiling Height Min  10
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  C-1
  • Est. Total Acres  0.12
  • Source Of Est Acres  
  • Lot Dimensions  54x97
  • Owner  
  • Tradename  Paynes Pub
    • ASSESSMENT & TAXES  
  • Land Assessment  $22,900
  • Assessment Year  0
  • Net Taxes  $2,926
  • Tax Year  2018
  • Improvements  $89,700
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,018
  • Gross Operating Income  $22,800
  • Annual Operating Exp  $5,000
  • Net Operating Income  $17,800
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 MTM NA Yes $14,400 $10 $0 1,400
    2 Annual 0 0 $8,400 $7 $0 1,200
    3 Vacant NA 0 $0 $0 $0 900
    Items Included Some equipment and furniture.
    Items Excluded  Personal property of tenants
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other foundation
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Retail, Service, Tavern
  • Exterior Treatment  
  • Building Parking  Onsite
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Corner
  • Tenant Pays  Electric, Heat
  • Present Use  Restaurant/Supper Club, Tavern
  • Licenses  
  • Lease Type  Annual, Month to month
  • Occupied by  
  • Sale Includes  N/A
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Advantage