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119 Lincoln Ave,  Rio,  WI  53960 $115,000 Expired
119 Lincoln Ave,  Rio,  WI  53960
$115,000
Expired
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 Property Type Business/Commercial
 Parcel # 11177 54
 County Columbia
 Sub Area B29
 Municipality Rio
 MLS# 1930759
 Listing Date 04/01/2022

MLS Public Remarks  This is for the sale of the business and real estate. Not for Lease. This exquisite diner has been run by the owners for the last 22 years and has a loyal customer base that is proven by the display of customer mugs, both present and a display dedicated to those of the past. This gem has been meticulously kept up and taken care of. You won't find an establishment cleaner or more cared for. Newer appliances throughout the kitchen and serving stations. Newer metal roof. NEW central air unit installed in 2021. Great investment opportunity with most staff willing to stay or can easily be changed to whatever visions you may have. Would also make a wonderful bar and grill option.
Documents and Related Links  
1) RECR
2) Equipment List
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Rio
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 16 South To Left Onto W Rio St, Then Right Onto Lincoln Ave.
    • BUILDING DESCRIPTION  
  • Real estate for sale  No
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  1,488
  • Net Leasable SqFt  0
  • Year Built  999
  • Source for Year Built  Slr
  • Approx Bldg Dimen  61x25
  • Street Frontage  42
  • Parking Fees/Mo.  $0
  • Onsite Parking  5
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.08
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $3,500
  • Assessment Year  2021
  • Net Taxes  $1,168
  • Tax Year  2021
  • Improvements  $46,200
  • Total Assessment  $49,700
    • 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 N/A N/A 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Equipment list included in associated Docs. Everything onsite except excluded items.
    Items Excluded  Seller's Personal Property, Leased Pepsi machine, Leased Coffee machines, Leased Dishwasher and Dishwashing Chemicals.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  51-75 persons
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club
  • Exterior Treatment  Brick, Vinyl
  • Building Parking  1-5 spaces
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Fixtures & equipment, Property Condition Report
  • Location  Business district
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club
  • Licenses  Food
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Equipment, Furniture, Signs
  • Features  Alley, Display window, Inside storage, Outside storage, Public rest rooms, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc