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N6694 Hwy 49,  Green Lake,  WI  54941 $237,500 Sold
N6694 Hwy 49,  Green Lake,  WI  54941
$237,500
Sold
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 Property Type Business/Commercial
 Parcel # 004001940000
 County Green Lake
 Sub Area I03
 Municipality Brooklyn
 MLS# 1914197
 Listing Date 07/08/2021
 Sold Price $215,000
 Close Date 05/18/2022 12:00 AM

MLS Public Remarks  Outstanding, historic restaurant/bar, The Little Red Schoolhouse. Scenic hilltop location on 2.5 acres, 2 miles north of City of Green Lake. Great highway visibility on State Road 49. Attractive country decor with large fieldstone fireplace and rustic barnboard wainscoting. Impressive bar area with cathedral ceiling and 18 bar stool seating with small dining area capacity for 20. Separate large dining room with capacity of 60 diners. Each dining area has its' own set of bathrooms. Partial finished heated basement. Low maintenance brick exterior Liquor licenses are current. Brand new hydronic boiler hot water heat and related equipment.
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Green Lake
  • C/T/V  Town
  • Unit #  
  • Directions  From The City Of Green Lake, North Lawson Drive To R On Hwy 23 To L On Hwy 49 To Property On Top Of Hill On The Right.
    • 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  3,500
  • Net Leasable SqFt  0
  • Year Built  1930
  • Source for Year Built  Slr
  • Approx Bldg Dimen  40x80
  • Street Frontage  780
  • Parking Fees/Mo.  $0
  • Onsite Parking  80
  • # of Stories  1
  • Ceiling Height Min  11
  • Ceiling Height Max  15
  • Number of Loading Docks  0
  • Zoning  C2
  • Est. Total Acres  2.5
  • Source Of Est Acres  Slr
  • Lot Dimensions  180 x 360
  • Owner  
  • Tradename  Little Red Schoolhouse
    • ASSESSMENT & TAXES  
  • Land Assessment  $48
  • Assessment Year  2020
  • Net Taxes  $2,500
  • Tax Year  2020
  • Improvements  $148
  • Total Assessment  $197
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • 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 None N/A 0 $0 $0 $0 3,500
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Place settings, furniture, and all restaurant equipment for a fully functioning restaurant and bar seating 99 people.
    Items Excluded  Personal possession of seller, wheeled grill and 4 wheeled carts in the basement. The LP tank is rented.
    INTERIOR FEATURES  
  • Heating/Cooling  Other
  • Water/Waste  Holding tank, Well
  • Basement  Partial, Poured concrete foundatn
  • Fuel  Liquid propane
  • Seating Capacity  76-100 persons
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club, Tavern
  • Exterior Treatment  Brick
  • Building Parking  56 or more spaces, Gravel, Onsite
  • Roofing  Composition, Metal
  • Terms/Option  Other
  • Miscellaneous  Fuel tanks present
    • OTHER FEATURES  
  • Documents on File  Certified survey map, Property Condition Report
  • Location  Corner, Free standing, Near Major Highway
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Signs
  • Features  Compressor, Inside storage, Private Restrooms, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Malcolm Bay Realty & Land Co Llc