MLS Public Remarks Great income opportunity to own and operate a tavern & rental in the heart of Black Earth. Building also houses a 2 bedroom, 1 bath apartment upstairs. Kitchen features flat top grill, two deep fryers, food coolers, walk in beer cooler and 10 tap lines. Newer flooring with multiple new high top tables & chairs and large bar with seating. Outside side yard has sand volleyball court, dining patio and parking. Clean dry basement with office, walk in coolers, tap cooler, newer water heater, softener and compressors. Equipped and ready to go. Located downtown close to HWY 14. Don't miss this opportunity to own your own business!!
Location Village
Other Marketing Area
Mailing City Black Earth
C/T/V Village
Unit #
Directions Hwy 14 West, Left On 78 (mills St)
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 1
Building Gross SqFt 2,880
Net Leasable SqFt 2,880
Year Built 1878
Source for Year Built PubR
Approx Bldg Dimen 58x21
Street Frontage 24
Parking Fees/Mo. $0
Onsite Parking 6-10
# of Stories 2
Ceiling Height Min 9
Ceiling Height Max 9
Number of Loading Docks 0
Zoning B-1
Est. Total Acres 0.19
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename The Shack
Land Assessment $47,000
Assessment Year 2021
Net Taxes $9,218
Tax Year 2020
Improvements $155,000
Total Assessment $202,000
Income/Expenses Year $0
Gross Operating Income $347,660
Annual Operating Exp $128,130
Net Operating Income $29,394
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
Month |
Mo-To-Mo |
0 |
$9,600 |
$0 |
$0 |
2,880 |
2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included Restaurant futniture, fixtures, equipment
Items Excluded Upstairs tenants personal property, dishwasher, ice machine
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement Full, Other foundation
Fuel Natural gas
Seating Capacity 76-100 persons
Type Apartment building, Restaurant/Supper Club, Tavern
Exterior Treatment Brick
Building Parking 6-10 spaces, Offsite, Onsite
Roofing All flat
Terms/Option
Miscellaneous Internet - Cable
Documents on File Lease(s), P & L statement, Property Condition Report
Location Business district, Near Major Highway
Tenant Pays N/A
Present Use Living quarters, Tavern
Licenses Beer, Food, Liquor, Wine
Lease Type None
Occupied by Owner, Tenant(s)
Sale Includes Business name, Easements, Equipment, Furniture, Lease(s), Other, Signs
Features Display window, Inside storage, Outside storage, Private office(s), Public rest rooms, Residential unit(s), Security fence
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc