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 Property Type Business/Commercial
 Parcel # 161-0053.0000
 County Green
 Sub Area H20
 Municipality New Glarus
 MLS# 1935444
 Listing Date 05/26/2022

MLS Public Remarks  Here is the opportunity you have been waiting for!! Turn Key restaurant & bar downtown in America's Little Switzerland. Well established business with plenty of space for bar patrons, diners & banquets. 3 large deck/patio spaces outside perfect for those warm summer days and nights. Outside space includes a stage for entertainment as well as an outdoor bar. Many upgrades- updates throughout the years. Perfect for all of the Summer & Fall festivals as well as the many people who love to visit New Glarus.
Documents and Related Links  
1) RECR
* 1 Documents Not Available via MLS
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  New Glarus
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 69 Into New Glarus, West On 8th Ave, Right On 2nd St - Tofflers On Corner Of 2nd & 5th.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $500
  • Total Units/Bldg  2
  • Building Gross SqFt  4,258
  • Net Leasable SqFt  490
  • Year Built  999
  • Source for Year Built  PubR
  • Approx Bldg Dimen  40x70
  • Street Frontage  7552
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  11
  • Number of Loading Docks  0

  • Zoning  Comm
  • Est. Total Acres  0.17
  • Source Of Est Acres  PubR
  • Lot Dimensions  64'X118'X64'X118'
  • Owner  
  • Tradename  Tofflers
  • ASSESSMENT & TAXES  
  • Land Assessment  $41,500
  • Assessment Year  2021
  • Net Taxes  $5,527
  • Tax Year  2021
  • Improvements  $159,300
  • Total Assessment  $200,800
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $545,528
  • Annual Operating Exp  $519,368
  • Net Operating Income  $31,609
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 12 Month 0/00/000 Yes $6,000 $500 $0 490
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included See attached Documents
    Items Excluded  Some artwork is not included. POS system- will e returned to company or buyer may employ same company- Cake, Arcade games, Dart Board
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal water
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
  • EXTERIOR FEATURES  
  • Type   Office, Restaurant/Supper Club, Retail, Tavern
  • Exterior Treatment  Wood
  • Building Parking  Other
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  Internet - Cable, Internet - Fiber
  • OTHER FEATURES  
  • Documents on File  Inventory list, Property Condition Report
  • Location  Business district, Corner, Free standing, Near Major Highway
  • Tenant Pays  No expenses
  • Present Use  Office, Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  Annual
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Lease(s), Signs
  • Features  Inside storage, Public rest rooms, Recreation facilities, Security fence



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc