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119 Lincoln Ave,  Rio,  WI  53960 $124,900 Expired
119 Lincoln Ave,  Rio,  WI  53960
$124,900
Expired
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 Property Type Business/Commercial
 Parcel # 111177-54
 County Columbia
 Sub Area B29
 Municipality Rio
 MLS# 1861781
 Listing Date 06/25/2019

MLS Public Remarks  Sellers have run this darling little diner for 19 years, serving breakfast and lunch 7 days a week to their many loyal customers. With a steel roof and vinyl and brick siding, the building is virtually maintenance free! Includes a 10 x 16 storage shed. Sellers have meticulously maintained this property and are ready to turn over the helm so they can retire. With seating for 52, this is a wonderful opportunity to own a thriving, profitable business. Financials to be shared with serious buyer and a signed Non-disclosure agreement.
Documents and Related Links  
1) Property Condition Report
2) Equipment List
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Rio
  • C/T/V  Village
  • Unit #  
  • Directions  From Portage: Hwy 51s To East On Hwy 16 To L On W Rio To R On Lincoln. Property On The Right.
    • 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  1,488
  • Net Leasable SqFt  0
  • Year Built  999
  • Source for Year Built  Slr
  • Approx Bldg Dimen  25x61
  • Street Frontage  42
  • Parking Fees/Mo.  $0
  • Onsite Parking  5
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  Comm
  • Est. Total Acres  0.08
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $5,800
  • Assessment Year  2018
  • Net Taxes  $1,318
  • Tax Year  2018
  • Improvements  $55,400
  • Total Assessment  $61,200
    • 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 none none 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Ice machine, 2 comm refrigerators, 7 freezers, hot steam table, deep fryer, 2 microwaves, meat slicer, water softener owned, grill, tables, chairs
    Items Excluded  Personal property of seller, dishwasher rented, pepsi machine rented, cash register
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  51-75 persons
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club
  • Exterior Treatment  
  • Building Parking  1-5 spaces
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club
  • Licenses  Food
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Business name, Equipment, Furniture
  • Features  Alley, Display window, Inside storage, Outside storage, Public rest rooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc