Presented by...
Luke Bruckner
Mobile: (608) 445-9852
Work: (608) 662-7777
[email protected]

 Property Type Business/Commercial
 Parcel # 161-0058.0000
 County Green
 Sub Area H20
 Municipality New Glarus
 MLS# 1939337
 Listing Date 07/10/2022
 Sold Price $322,500
 Close Date 04/28/2023 12:00 AM

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  
  • 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.
  • BUILDING DESCRIPTION  
  • 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  
  • ASSESSMENT & TAXES  
  • Land Assessment  $45,700
  • Assessment Year  2022
  • Net Taxes  $4,847
  • Tax Year  2022
  • Improvements  $119,400
  • Total Assessment  $165,100
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $14,400
  • Gross Operating Income  $14,400
  • Annual Operating Exp  $14,400
  • Net Operating Income  $14,400
  • UNIT INFORMATION  
    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
    INTERIOR FEATURES  
  • Heating/Cooling  Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other foundation
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • 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  
  • OTHER FEATURES  
  • 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