MLS Public Remarks What an opportunity! This property features a successful restaurant in the lower level and 2 upper apartments. The restaurant comes with all the equipment, service ware and necessities to continue profitable operation. There is a 1 bedroom and 2 bedroom apartment upstairs. The one bedroom is currently rented and the 2 bedroom is vacant but could easily be $600/month+. This is a chance to own a cash flowing business/property. Located in beautiful Elroy, WI very close to the Elroy Sparta bike trail. Owner would consider a lease of entire building to the right individual. No sign on property.
| * 3 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Elroy
C/T/V City
Unit #
Directions Downtown Elroy
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $9
Total Units/Bldg 3
Building Gross SqFt 3,000
Net Leasable SqFt 3,000
Year Built 999
Source for Year Built Othr
Approx Bldg Dimen 20x75
Street Frontage 25
Parking Fees/Mo. $0
Onsite Parking 0
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning Comm.
Est. Total Acres 0.06
Source Of Est Acres PubR
Lot Dimensions 25x100
Owner
Tradename Bender'S Family Restauran
Land Assessment $3,800
Assessment Year 2021
Net Taxes $1,465
Tax Year 2021
Improvements $47,000
Total Assessment $50,800
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 |
TBD |
TBD |
0 |
$27,000 |
$9 |
$0 |
3,000 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included 2 stoves, 2 refrigerators, 1 washer, 1 dryer and all restaurant equipment in Supplement A.
Items Excluded Seller's Personal Property
Heating/Cooling Central air, Forced air, Radiant
Water/Waste Municipal sewer, Municipal water
Basement
Fuel Electric, Natural gas
Seating Capacity 31-50 persons
Type Apartment building, Restaurant/Supper Club, Tavern
Exterior Treatment Block, Brick, Stone, Wood
Building Parking 1-5 spaces
Roofing Metal, Rubber/membrane
Terms/Option
Miscellaneous
Documents on File Fixtures & equipment, Property Condition Report
Location Business district, Free standing, Near Major Highway
Tenant Pays N/A
Present Use Living quarters, Restaurant/Supper Club
Licenses None
Lease Type Month to month, None
Occupied by
Sale Includes Business name, Equipment, Furniture, Inventory, Signs
Features Alley, Display window, Private Restrooms, Public rest rooms, Residential unit(s), Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Advantage Realty, Llc
