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.
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.
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
Land Assessment $28,000
Assessment Year 2019
Net Taxes $9,119
Tax Year 2019
Improvements $339,200
Total Assessment $367,200
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 |
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
Heating/Cooling Radiant
Water/Waste Municipal sewer, Municipal water
Basement
Fuel Natural gas
Seating Capacity
Type Apartment building, Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Retail, Tavern
Exterior Treatment Brick
Building Parking Other
Roofing Partially flat
Terms/Option
Miscellaneous
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