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 Property Type Business/Commercial
 Parcel # 161-0034.0000
 County Green
 Sub Area H20
 Municipality New Glarus
 MLS# 1898253
 Listing Date 11/17/2020

MLS Public Remarks  Established turn key restaurant in the heart of "America's Little Switzerland" near 2 major highways built in 1853 is truly a distinctive piece of New Glarus. Main floor features dance hall, stage, chalet bar, service bar, dining with fireplace, private banquet room, full kitchen, and balcony sunporch dining. The exposed Lower level offers leased retail space, and a Pizzeria, an extension of the Swiss restaurant, plus storage. The owners offices, 2 bedroom apartment w/ private entrance, 4 fully furnished modest hotel rooms with bathrooms that could also be owners living quarters, plus 5th hotel room currently used for storage and a linen laundry room. Current business offered banquets, catering, holiday parties, wedding receptions, live music, and weekend buffets.
Documents and Related Links  
1) Aerial and lot map Green County GIS
2) Village C-1 zoning information
* 2 Documents Not Available via MLS

LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  New Glarus
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 69 To West On Hwy 39 To Corner Of Hwy 39 And 6th Ave
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $13
  • Total Units/Bldg  4
  • Building Gross SqFt  15,655
  • Net Leasable SqFt  10,763
  • Year Built  1853
  • Source for Year Built  Appr
  • Approx Bldg Dimen  67x105
  • Street Frontage  172
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  3
  • Ceiling Height Min  10
  • Ceiling Height Max  14
  • Number of Loading Docks  0

  • Zoning  C-1
  • Est. Total Acres  0.21
  • Source Of Est Acres  Plat
  • Lot Dimensions  69x132
  • Owner  
  • Tradename  New Glarus Hotel Restaura
  • ASSESSMENT & TAXES  
  • Land Assessment  $47,800
  • Assessment Year  2021
  • Net Taxes  $17,698
  • Tax Year  2020
  • Improvements  $597,200
  • Total Assessment  $645,000
  • 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 apartment monthly Yes $6,000 $13 $0 450
    2 shop front 0 0 $9,600 $0 $0 620
    3 - 0 0 $0 $0 $0 0
    Items Included See equipment list, built in safe, various decor items, beds and furniture in hotel rooms, POS system, Piano, various uniforms.
    Items Excluded  Swiss Cow bells, rental equipment are 2 water softeners 2 water heaters 3 dishwashers, sellers personal property in offices.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Radiant, Steam, Wall AC, Wall Furnace, Zoned heating
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block foundation, Other foundation, Partial, Poured concrete foundatn
  • Fuel  Electric, Natural gas
  • Seating Capacity  Over 100 persons
  • EXTERIOR FEATURES  
  • Type   Apartment building, Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Retail, Tavern
  • Exterior Treatment  
  • Building Parking  No Parking
  • Roofing  Composition, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  Internet - DSL
  • OTHER FEATURES  
  • Documents on File  Fixtures & equipment, Property Condition Report
  • Location  Business district, Near Major Highway
  • Tenant Pays  Electric
  • Present Use  Apartment building, Restaurant/Supper Club, Retail, Tavern
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  Month to month
  • Occupied by  
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Lease(s), Signs
  • Features  3 phase electric, 440+ volt, Display window, Inside storage, Private Restrooms, Private office(s), Public rest rooms, Reception area, Residential unit(s), Signage available



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Restaino & Associates Era Powered