Presented by...
Paula Dollard
Mobile: (608) 469-3374
[email protected]

319 E Walworth Ave,  Delavan,  WI  53115 $292,000 Sold
319 E Walworth Ave,  Delavan,  WI  53115
$292,000
Sold
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 Property Type Business/Commercial
 Parcel # XOP 00080
 County Walworth
 Sub Area S04
 Municipality Delavan
 MLS# 1930271
 Listing Date 03/25/2022
 Sold Price $215,000
 Close Date 02/10/2023 12:00 AM

MLS Public Remarks  GREAT OPPORTUNITY IN HISTORIC DOWNTOWN DELAVAN FOR SALE! THIS COMMERCIAL BUILDING CURRENTLY HAS A TURN KEY RESTAURANT OPERATING ON THE MAIN FLOOR THAT SEATS 68 & AN APARTMENT ON THE UPPER FLOOR. THE INTERIOR IS IN NICE CONDITION & THERE IS AN ADDITIONAL BANQUET ROOM IN THE LOWER LEVEL NOT INCLUDED IN THE SQUARE FOOTAGE. THIS SALE IS FOR REAL ESTATE ONLY & LONG TERM TENANT IN THE UPPER APARTMENT WILL STAY (CURRENT RENT IS $675/MONTH). THE RESTAURANT BUSINESS, FURNITURE & EQUIPMENT ARE NOT INCLUDED HOWEVER THE TENANT WOULD SELL SEPARATE FOR $45,000. AMPLE PARKING IN FRONT PLUS A LARGE CITY PARKING LOT BEHIND. CALL LA WITH ANY QUESTIONS.
Documents and Related Links  
1) Aerial map of free parking public lot
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Delavan
  • C/T/V  City
  • Unit #  
  • Directions  Business Hwy 11 From The W. Becomes (walworth Ave) That Runs Directly Through The Downtown Of Delavan. (319 E Walworth Ave)
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  2
  • Building Gross SqFt  3,915
  • Net Leasable SqFt  3,915
  • Year Built  1880
  • Source for Year Built  PubR
  • Approx Bldg Dimen  23x115
  • Street Frontage  23
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  2
  • Ceiling Height Min  9
  • Ceiling Height Max  11
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.06
  • Source Of Est Acres  PubR
  • Lot Dimensions  23.5x115
  • Owner  
  • Tradename  Sun Mist Cafe
    • ASSESSMENT & TAXES  
  • Land Assessment  $28,400
  • Assessment Year  2021
  • Net Taxes  $2,657
  • Tax Year  2021
  • Improvements  $94,800
  • Total Assessment  $123,200
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • 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 Apartment Mon to Mon No $8,100 $0 $0 1,214
    2 - 0 0 $0 $0 $0 2,701
    3 - 0 0 $0 $0 $0 0
    Items Included NA
    Items Excluded  Tenants personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal water
  • Basement  Other foundation, Partial
  • Fuel  Natural gas
  • Seating Capacity  51-75 persons
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Church, Grocery, Office, Other, Restaurant/Supper Club, Retail, Service, Tavern
  • Exterior Treatment  Block, Brick, Vinyl
  • Building Parking  No Parking, Offsite, Other, Paved
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Near Major Highway, Near public transportatn, Shopping center
  • Tenant Pays  Electric, Heat, Water
  • Present Use  Restaurant/Supper Club
  • Licenses  None
  • Lease Type  Month to month
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Alley, Less than 440 volt, Private Restrooms, Private office(s), Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated