MLS Public Remarks An exquisite, indoor and outdoor event venue, restaurant and tavern (6,000 SF) sitting on 5 acres of gorgeous bluff views. Highly Profitable wedding/event business, ceremonies and receptions, new owner to acquire all established bookings, seller will assist with management transition. Large Outdoor Ceremony area, surrounded with natural prairie flowers and bluff views, great for festival/music event as well. New furnaces, AC units, roof, siding, most windows, 400 amp electrical, flooring, lighting, updated plumbing/septic and more!
Location Village
Other Marketing Area
Mailing City Merrimac
C/T/V Village
Unit #
Directions Hwy 78 To Country Rd Dl. 1/2 Mile South Of Devils Head Resort
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 3
Building Gross SqFt 6,000
Net Leasable SqFt 0
Year Built 2018
Source for Year Built PubR
Approx Bldg Dimen 60x100
Street Frontage 100
Parking Fees/Mo. $0
Onsite Parking yes
# of Stories 1
Ceiling Height Min 12
Ceiling Height Max 14
Number of Loading Docks 0
Zoning commercial
Est. Total Acres 5.0
Source Of Est Acres Slr
Lot Dimensions
Owner
Tradename
Land Assessment $200,000
Assessment Year 2019
Net Taxes $4,000
Tax Year 2020
Improvements $100,000
Total Assessment $300,000
Income/Expenses Year $6
Gross Operating Income $200,000
Annual Operating Exp $50,000
Net Operating Income $150,000
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
none |
none |
0 |
$0 |
$0 |
$0 |
0 |
2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded
Heating/Cooling Forced air
Water/Waste Mound system
Basement
Fuel Natural gas
Seating Capacity Over 100 persons
Type Recreation
Exterior Treatment Vinyl
Building Parking 56 or more spaces
Roofing Other
Terms/Option
Miscellaneous
Documents on File
Location Free standing
Tenant Pays Air Conditioning, All expenses, Electric, Heat, Taxes
Present Use Recreation
Licenses Beer, Food, Liquor, Wine
Lease Type None
Occupied by Owner
Sale Includes Business name, Easements, Equipment, Furniture, Other
Features
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Nai Madison