MLS Public Remarks Stately Brick Beauty Awaits! So much potential here! Bring your business dreams to reality! The main floor is ready for you to begin! Current owner is operating as a restaurant, but does not plan to continue after sale (inquire for list of fixtures and equipment staying)! Walk-in cooler in basement. 2nd prep kitchen can also be found. Garage area with bathroom and door that opens to patio could possibly be another separate space or additional seating for main (would need to access through alley). Upstairs are 2 apartments (1 Bdrm & a 2 Bdrm both w/ laundry) for additional investment opportunity. All 3 units are separately metered for utilities. Parking area in back which is hard to find! Are you ready to own in New Glarus?
Location Village
Other Marketing Area
Mailing City New Glarus
C/T/V Village
Unit #
Directions From Hwy 69, Turn West Onto 6th St., Turn North Onto 2nd St.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 3
Building Gross SqFt 3,438
Net Leasable SqFt 3,438
Year Built 999
Source for Year Built PubR
Approx Bldg Dimen 26x80
Street Frontage 33
Parking Fees/Mo. $0
Onsite Parking 2-5
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 12
Number of Loading Docks 0
Zoning com/res
Est. Total Acres 0.2
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename
Land Assessment $45,700
Assessment Year 2022
Net Taxes $4,847
Tax Year 2022
Improvements $119,400
Total Assessment $165,100
Income/Expenses Year $14,400
Gross Operating Income $14,400
Annual Operating Exp $14,400
Net Operating Income $14,400
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
Com #1 |
na |
0 |
$0 |
$0 |
$0 |
1,719 |
2 |
Upper #1 |
1/31/24 |
0 |
$6,000 |
$8 |
$0 |
650 |
3 |
Upper #2 |
1/31/24 |
0 |
$10,800 |
$8 |
$0 |
1,069 |
Items Included 2 refrigerators, 1 washer, 1 dryer, 1 stackable washer/dryer, 2 range/ovens, 2 microwaves, 1 dishwasher, 3 water softners
Items Excluded Seller and Tenant's personal property, any TV mounts, dishwasher is leased
Heating/Cooling Wall AC
Water/Waste Municipal sewer, Municipal water
Basement Full, Other foundation
Fuel Natural gas
Seating Capacity
Type Apartment building, Grocery, Office, Restaurant/Supper Club, Retail, Tavern
Exterior Treatment Brick
Building Parking 1-5 spaces, Onsite
Roofing Rubber/membrane
Terms/Option
Miscellaneous
Documents on File
Location Business district
Tenant Pays Air Conditioning, Electric, Heat, Sewer, Water
Present Use Apartment building, Grocery, Office, Restaurant/Supper Club, Retail, Tavern
Licenses Liquor
Lease Type Annual, Other
Occupied by Owner, Tenant(s)
Sale Includes Lease(s)
Features Display window, Residential unit(s), Shared Restrooms
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Exit Professional Real Estate