MLS Public Remarks TURNKEY Supper Club! Truly a rare find with so much upside! Located in the heart of historic downtown Watertown. The Elias Inn! Includes a large 3 bedroom apartment unit upstairs that could be lived-in or rented out for excellent cash flow! Downtown Watertown is booming with large planned developments. HUGE upside revenue potential by adding dining room seating to the bar, adding outdoor seating, renting the upper unit, and increasing days of operations from 4 to 7! Tons of off road parking maintained by the City of Watertown. This building has so much history, formerly the Watertown Inn and Powers Inn, and has been attracting tourists for close to a Century! You have the chance to write the next chapter, are you ready to make history?
Location City
Other Marketing Area
Mailing City Watertown
C/T/V City
Unit #
Directions Downtown Watertown 1/2 Block Off Main Street At Stoplight With 2nd Street
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 1
Building Gross SqFt 3,195
Net Leasable SqFt 3,195
Year Built 1930
Source for Year Built Slr
Approx Bldg Dimen 1x1
Street Frontage 140
Parking Fees/Mo. $0
Onsite Parking 4
# of Stories 2
Ceiling Height Min 1
Ceiling Height Max 1
Number of Loading Docks 0
Zoning Commercial
Est. Total Acres 0.12
Source Of Est Acres PubR
Lot Dimensions 80x66.7
Owner
Tradename Elias Inn
Land Assessment $40,000
Assessment Year 2020
Net Taxes $6,003
Tax Year 2020
Improvements $202,300
Total Assessment $242,300
Income/Expenses Year $0
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
n/a |
n/a |
0 |
$0 |
$0 |
$0 |
0 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included See the attached equipment list
Items Excluded Seller's personal items, three gaming machines
Heating/Cooling Forced air, Steam
Water/Waste Municipal sewer, Municipal water
Basement Full, Walkout/Outside entrance
Fuel Natural gas
Seating Capacity 51-75 persons
Type Apartment building, Restaurant/Supper Club, Retail, Tavern
Exterior Treatment Brick, Wood
Building Parking Offsite
Roofing Rubber/membrane, Tile/Concrete
Terms/Option
Miscellaneous
Documents on File Fixtures & equipment, Inventory list, P & L statement, Property Condition Report
Location Business district, Corner
Tenant Pays N/A
Present Use Apartment building, Restaurant/Supper Club
Licenses Beer, Food, Liquor, Wine
Lease Type None
Occupied by Owner
Sale Includes Business name, Customer list, Equipment, Furniture, Lease(s), Signs
Features 3 phase electric, Display window, Public rest rooms, Recreation facilities, Residential unit(s), Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc
