Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

 Property Type Business/Commercial
 Parcel # 9506004061
 County Iowa
 Sub Area J17
 Municipality Mineral Point
 MLS# 1911975
 Listing Date 06/14/2021
 Sold Price $367,200
 Close Date 08/18/2022 12:00 AM

MLS Public Remarks  This fully leased classic former hotel is located on High St. in the heart of Mineral Point WI. It consists of 8,000 SF living space and 4,000 SF of restaurant/bar/retail space. The first floor consists of a central entry way that splits into 2 retail spaces. One is currently a cafe and the other a restaurant. They share a common kitchen and bar area in the rear of the building. Both businesses are run by the same long-term tenant. They have been very successful in this location. Mechanicals: The Boiler heat system is @ 6 years old. The plumbing and Electrical have been updated in recent years throughout the building as well. Most of the windows have been replaced on the upper floors while keeping the original lead glass windows in the store front to maintain the rustic appeal.
Documents and Related Links  
1) Listing brochure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mineral Point
  • C/T/V  City
  • Unit #  
  • Directions  Drive To Mineral Pt. Look For Address On High St.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  10
  • Building Gross SqFt  12,000
  • Net Leasable SqFt  12,000
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  63x63
  • Street Frontage  150
  • Parking Fees/Mo.  $0
  • Onsite Parking  n
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0

  • Zoning  commercial
  • Est. Total Acres  0.18
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $28,000
  • Assessment Year  2019
  • Net Taxes  $9,119
  • Tax Year  2019
  • Improvements  $339,200
  • Total Assessment  $367,200
  • 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 m2m 0 $0 $0 $0 4,000
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Apartment building, Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Retail, Tavern
  • Exterior Treatment  Brick
  • Building Parking  Other
  • Roofing  Partially flat
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  
  • Location  Business district, Corner, Residential area
  • Tenant Pays  Electric, Snow removal, Water
  • Present Use  Apartment building, Restaurant/Supper Club, Tavern
  • Licenses  
  • Lease Type  Mixed lease types, Month to month
  • Occupied by  
  • Sale Includes  Equipment, Lease(s), Other
  • Features  



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Acres Realty