MLS Public Remarks Land Contract - Owner Financing Available! Here is your chance to be your own boss and own commercial property. Amazing cash flowing business with real estate included. This established restaurant and lounge has excellent reviews, yearly increases in sales, recent renovations and improvements, along with rental income from the upstairs 2 and 3 bedroom units. Restaurant seats 90 people. Pay your mortgage from the rents and games alone. Operation is profitable and it's currently only open 4 days a week! Don't miss the opportunity to follow your dream and be your own boss. Excellent location, in town with direct frontage on Hwy 71 as well as on the UTV/ATV route and Bike trail! Don't miss out on this opportunity, Seller is motivated and willing to make it work.
* 4 Documents Not Available via MLS |
Location Village
Other Marketing Area
Mailing City Kendall
C/T/V Village
Unit #
Directions I-90 Turn South On Hwy 131 At Tomah Proceed To Kendall Right Across From Feed Mill
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $6
Total Units/Bldg 3
Building Gross SqFt 5,512
Net Leasable SqFt 3,770
Year Built 1920
Source for Year Built Othr
Approx Bldg Dimen 70x55
Street Frontage 95
Parking Fees/Mo. $0
Onsite Parking 15.0
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning COM
Est. Total Acres 0.26
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename Pony Express Supper Club
Land Assessment $4,800
Assessment Year 2021
Net Taxes $3,114
Tax Year 2021
Improvements $124,700
Total Assessment $129,500
Income/Expenses Year $999
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 |
m2m |
m2m |
0 |
$6,000 |
$6 |
$0 |
962 |
2 |
m2m |
m2m |
0 |
$6,000 |
$8 |
$0 |
780 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included See Schedule A of all restaurant equipment included. Also included - two stoves, two refrigerators, washer, dryer in apartments upstairs
Items Excluded Seller's personal property, hutch downstairs and some wall decor.
Heating/Cooling Central air, Forced air, Wall AC
Water/Waste Municipal sewer, Municipal water
Basement Partial
Fuel Natural gas
Seating Capacity
Type Other, Recreation, Restaurant/Supper Club, Retail, Tavern
Exterior Treatment Brick, Stone, Wood
Building Parking 6-10 spaces
Roofing Rubber/membrane, Tar & gravel
Terms/Option
Miscellaneous
Documents on File
Location Business district, Corner, Free standing, Near Major Highway
Tenant Pays Electric, Heat, Sewer, Water
Present Use Living quarters, Office, Other, Recreation, Restaurant/Supper Club, Retail, Tavern
Licenses Liquor
Lease Type Month to month
Occupied by Vacant
Sale Includes Equipment, Furniture
Features Display window, Inside storage, Private Restrooms, Residential unit(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Advantage Realty, Llc