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N2103 Hwy 188,  Lodi,  WI  53555 $935,000 Sold
N2103 Hwy 188,  Lodi,  WI  53555
$935,000
Sold
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 Property Type Business/Commercial
 Parcel # 11040 742.B
 County Columbia
 Sub Area B32
 Municipality West Point
 MLS# 1913533
 Listing Date 06/30/2021
 Sold Price $825,000
 Close Date 04/05/2022 12:00 AM

MLS Public Remarks  Profitable Bar/Grill/Restaurant business. A favorite Lake Wisconsin area destination . Located directly on the lake (7197 Acres) with 200 feet of Lake frontage, in a high tourist area with good year-round local population density. 200 feet of lake frontage with 14 boat slips brings summertime traffic as well 200 feet of State Hwy frontage features good exposure. Close to the Merrimac Ferry crossing, Devils Lake Resort, Cascade Mountain, Wisconsin River Sand Bars, Referred to as the next Lake Geneva, 15-20 Minutes from the interstate, 30 Min. to Madison, 30 Min. to Wisconsin Dells . New upgrades have been added to the facility, both mechanicals/Building as well. This is a turn key operation with both building and all business trade items included. Click on "Virtual Tour" for Drone video
Documents and Related Links  
1) RECR
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Lodi
  • C/T/V  Town
  • Unit #  
  • Directions  From Lodi, Hwy 113 N To Ferry, W On Hwy 188, Property 1 1/2 Miles On Right.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  0
  • Building Gross SqFt  3,606
  • Net Leasable SqFt  0
  • Year Built  1974
  • Source for Year Built  PubR
  • Approx Bldg Dimen  90x42
  • Street Frontage  200
  • Parking Fees/Mo.  $0
  • Onsite Parking  30
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  Comm
  • Est. Total Acres  0.45
  • Source Of Est Acres  Plat
  • Lot Dimensions  
  • Owner  
  • Tradename  Sunset Harbor Bar & Grill
    • ASSESSMENT & TAXES  
  • Land Assessment  $263,200
  • Assessment Year  2021
  • Net Taxes  $7,537
  • Tax Year  2020
  • Improvements  $137,500
  • Total Assessment  $400,700
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,019
  • Gross Operating Income  $847,559
  • Annual Operating Exp  $695,414
  • Net Operating Income  $152,145
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 0 0 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Business and property, All Business Fixtures and Equipment, business intellectual property, (List to be provided)
    Items Excluded  Personal property , Personal computers, existing inventory is a negotiable item at the time of an offer at Seller's discretion.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Holding tank, Well
  • Basement  Poured concrete foundatn
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
    • EXTERIOR FEATURES  
  • Type   Recreation, Restaurant/Supper Club, Tavern
  • Exterior Treatment  Wood
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  Fuel tanks present, Internet - Cable, Waterfront
    • OTHER FEATURES  
  • Documents on File  Certified survey map, Fixtures & equipment, P & L statement, Property Condition Report, Sales tax return
  • Location  Near Major Highway, Other
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Tobacco, Wine
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Equipment, Furniture, Lease(s), Other, Receivables, Signs
  • Features  Security system



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Restaino & Associates Era Powered