Presented by...
Paula Dollard
Mobile: (608) 469-3374
[email protected]

 Property Type Business/Commercial
 Parcel # 026 006003
 County Rock
 Sub Area P20
 Municipality Milton
 MLS# 1911928
 Listing Date 06/15/2021
 Sold Price $325,000
 Close Date 08/22/2022 12:00 AM

MLS Public Remarks  Major Price Drop!!.....The amazing Lake House Inn is for Sale. Bar area has been completely redone - it is so so cool!! Stone House Dining Room has been redone & is awesome! Main Dining Room is 90% complete. Kitchen needs finishing - but brand new very nice equipment is included - waiting for you to install. Bar & the Stone House Room is ready to go - could be opened tomorrow! $125,000++ in rehab done in the last few years. From the beautiful redone hardwood floors to all the historical artifacts adorning the walls the character of this place is just outstanding. From all the new cooking equipment, the POS Systems, camera systems, new dishes, new glassware, new tables, new chairs - the list goes on! Attached 3 Bed/1 Bath apartment with over 1500 sq ft plus a nice size 3 car garage
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Edgerton
  • C/T/V  Town
  • Unit #  
  • Directions  From Hwy 59 To Newville To Hillside Road To East Maple Beach Drive To North Maple Beach Drive
  • 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  4,000
  • Net Leasable SqFt  0
  • Year Built  1868
  • Source for Year Built  Slr
  • Approx Bldg Dimen  80x50
  • Street Frontage  200
  • Parking Fees/Mo.  $0
  • Onsite Parking  75
  • # of Stories  2
  • Ceiling Height Min  10
  • Ceiling Height Max  35
  • Number of Loading Docks  1

  • Zoning  commer
  • Est. Total Acres  1.0
  • Source Of Est Acres  Slr
  • Lot Dimensions  100x200
  • Owner  
  • Tradename  The Lake House Inn
  • ASSESSMENT & TAXES  
  • Land Assessment  $56,400
  • Assessment Year  2019
  • Net Taxes  $3,034
  • Tax Year  2019
  • Improvements  $84,400
  • Total Assessment  $140,800
  • 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 empty empty Yes $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Everything down to "the last spoon" - All Bar equipment, Boxes of brand new glassware,dishes & silverware,furniture, decorations, antiques, bar stools, chairs, POS System, TV's, light fixtures, brand new unopened Fryers, grill, ovens, EVERYTHING!!! except what is noted below
    Items Excluded  Gaming Machines, juke box and soda delivery system are leased but new Buyer can take the lease over. Some sentimental decor items - see Listing Agent
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Other
  • Water/Waste  Municipal sewer, Well
  • Basement  Full, Other foundation, Walkout/Outside entrance
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
  • EXTERIOR FEATURES  
  • Type   Motel/Hotel/Bed & Brkfst, Recreation, Restaurant/Supper Club, Tavern
  • Exterior Treatment  Brick, Vinyl, Wood
  • Building Parking  56 or more spaces, Gravel, Onsite, Paved
  • Roofing  Composition, Metal
  • Terms/Option  Land contract, Seller may assist
  • Miscellaneous  Internet - Cable
  • OTHER FEATURES  
  • Documents on File  Cert. of occupancy
  • Location  Free standing, Near Major Highway
  • Tenant Pays  Air Conditioning, All expenses, Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Taxes, Trash Services
  • Present Use  Living quarters, Restaurant/Supper Club, Tavern
  • Licenses  Liquor
  • Lease Type  None
  • Occupied by  Vacant
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Other
  • Features  Inside storage, Private Restrooms, Security system



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Jad Realty