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506 1st St,  New Glarus,  WI  53574 $340,000 Sold
506 1st St,  New Glarus,  WI  53574
$340,000
Sold
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 Property Type Business/Commercial
 Parcel # 161-0009.0000
 County Green
 Sub Area H20
 Municipality New Glarus
 MLS# 1896646
 Listing Date 10/26/2020
 Sold Price $305,000
 Close Date 03/03/2021 12:00 AM

MLS Public Remarks  Great opportunity to own a building and business in a high traffic area of America's little Switzerland, known as New Glarus. With many festival's yearly and the high demand of the New Glarus Brewery, winery, shopping, Sugar River trail, state park, etc. Great food and drinks year round. Most tap beers in town. Upstairs was once an apartment, used for storage now. Large freezer and cooler to handle business and more.
Documents and Related Links  
1) Business Disclosure
2) LBP
3) Seller Disclosure
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  New Glarus
  • C/T/V  Village
  • Unit #  
  • Directions  From Madison, South On Hwy 69, Right At Stoplights, Right On 2nd St. On 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  2,688
  • Net Leasable SqFt  2,688
  • Year Built  999
  • Source for Year Built  PubR
  • Approx Bldg Dimen  24x66
  • Street Frontage  32
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  2
  • Ceiling Height Min  9
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  C-1
  • Est. Total Acres  0.06
  • Source Of Est Acres  Slr
  • Lot Dimensions  32x79
  • Owner  
  • Tradename  Swis'Co
    • ASSESSMENT & TAXES  
  • Land Assessment  $15,800
  • Assessment Year  2019
  • Net Taxes  $2,987
  • Tax Year  2019
  • Improvements  $100,000
  • Total Assessment  $115,800
    • 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 N/A 00/00/00 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Building and Business
    Items Excluded  Some items may not be included, like liquor and food items.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Walkout/Outside entrance
  • Fuel  Natural gas, Solar
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club, Tavern
  • Exterior Treatment  
  • Building Parking  No Parking
  • Roofing  Rubber/membrane
  • Terms/Option  Other
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  P & L statement, Property Condition Report
  • Location  Business district, Free standing, Near Major Highway
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Business name, Equipment, Furniture, Inventory
  • Features  3 phase electric, Alley, Public rest rooms, Security lighting



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Advantage