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.
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)
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
Land Assessment $28,400
Assessment Year 2021
Net Taxes $2,657
Tax Year 2021
Improvements $94,800
Total Assessment $123,200
Income/Expenses Year $0
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
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
Heating/Cooling Central air, Forced air
Water/Waste Municipal water
Basement Other foundation, Partial
Fuel Natural gas
Seating Capacity 51-75 persons
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
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