MLS Public Remarks Here is your chance to own income producing commercial real estate in downtown Potosi! What will you get with this real estate purchase? 1. A well taken care of downtown commercial building. 2. Immediate rental income from the current bar lessee, leased thru May 1 2023. 3. A lodging business "Potosi Inn" with good rental history to provide additional income. This type of rental is considered by many to be the most profitable type of rental income. There are 5 rooms available for nightly, weekly or longer rental income. Potosi is home to the Potosi Brewery (think brew fest), Holiday Gardens (think weddings and such) with boating, hunting and fishing opportunities as the great Mississippi River is just down the road. The beautiful roads attract many visitors via UTV, bikes, and more.
Location Village
Other Marketing Area
Mailing City Potosi
C/T/V Village
Unit #
Directions Hwy 133 To N Main Street
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 2
Building Gross SqFt 5,500
Net Leasable SqFt 5,500
Year Built 999
Source for Year Built Slr
Approx Bldg Dimen 999
Street Frontage 60
Parking Fees/Mo. $0
Onsite Parking 5
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 8
Number of Loading Docks 0
Zoning G2
Est. Total Acres 0.0
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename
Land Assessment $5,700
Assessment Year 2022
Net Taxes $2,200
Tax Year 2021
Improvements $99,800
Total Assessment $105,500
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 |
gross |
5-1-23 |
0 |
$7,500 |
$0 |
$0 |
999 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included See associate documents. All lodging business items and to include phone number, web site and bookings. Bar tenant owns some bar/kitchen equipment. Lodging license. Liquor license. Basement walk in cooler and more.
Items Excluded Tenants personal property.
Heating/Cooling Central air, Forced air, Other, Window AC
Water/Waste Municipal sewer, Municipal water
Basement Full, Other foundation
Fuel Electric, Liquid propane, Oil
Seating Capacity 51-75 persons
Type Apartment building, Beauty/barber, Day care, Grocery, Motel/Hotel/Bed & Brkfst, Office, Other, Recreation, Restaurant/Supper Club, Retail, Service, Tavern
Exterior Treatment Brick, Wood
Building Parking 1-5 spaces, Onsite
Roofing Rubber/membrane
Terms/Option Seller may assist
Miscellaneous Internet - Satellite/Dish
Documents on File Inventory list, Property Condition Report
Location Business district, Near Major Highway
Tenant Pays Electric, Heat, Sewer, Snow removal, Water
Present Use Motel/Hotel/Bed & Brkfst, Restaurant/Supper Club, Tavern
Licenses Beer, Liquor, Wine
Lease Type Annual, Gross
Occupied by Tenant(s)
Sale Includes Business name, Customer list, Furniture, Inventory, Lease(s), Other
Features Display window, Private Restrooms, Public rest rooms
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Re/Max Advantage Realty
