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 Property Type Business/Commercial
 Parcel # 251-0050
 County Iowa
 Sub Area J17
 Municipality Mineral Point
 MLS# 1897145
 Listing Date 11/02/2020

MLS Public Remarks  Be a part of the spirited and artistic community of Mineral Point. Established bar with 3745 sq ft on the main level. Class B license goes with the property (1 of only 10). Perfect space for live entertainment, expand the kitchen to be a full service restaurant. Two apartments on the second floor, one rented out and both in need of some TLC. The loft on the 3rd floor would make a phenomenal AirBnB or rent it out as well. Huge potential with plenty of storage.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mineral Point
  • C/T/V  City
  • Unit #  
  • Directions  Exit 40 Into Mineral Point, Take 23 South To Left On Commerce St. Subject Prop Is 1 Block On Left.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  4
  • Building Gross SqFt  6,405
  • Net Leasable SqFt  6,405
  • Year Built  1857
  • Source for Year Built  Othr
  • Approx Bldg Dimen  100x50
  • Street Frontage  50
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  14
  • Number of Loading Docks  0

  • Zoning  Comm
  • Est. Total Acres  0.0
  • Source Of Est Acres  Slr
  • Lot Dimensions  48' x 149.20'
  • Owner  
  • Tradename  L & L
  • ASSESSMENT & TAXES  
  • Land Assessment  $27,300
  • Assessment Year  2019
  • Net Taxes  $3,070
  • Tax Year  2019
  • Improvements  $108,000
  • Total Assessment  $135,300
  • 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 Gross MTM No $750 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included All FF&E are negotiable.
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air, Steam
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
  • EXTERIOR FEATURES  
  • Type   Apartment building, Tavern
  • Exterior Treatment  
  • Building Parking  Other
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district
  • Tenant Pays  N/A
  • Present Use  Apartment building, Tavern
  • Licenses  Beer, Liquor, Wine
  • Lease Type  Gross
  • Occupied by  
  • Sale Includes  Equipment, Inventory
  • Features  Display window, Public rest rooms, Residential unit(s)



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred