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2503 W Wisconsin Street,  Portage,  WI  53901 $474,900 Sold
2503 W Wisconsin Street,  Portage,  WI  53901
$474,900
Sold
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 Property Type Business/Commercial
 Parcel # 11271 2527
 County Columbia
 Sub Area B25
 Municipality Portage
 MLS# 1951109
 Listing Date 03/02/2023
 Sold Price $450,000
 Close Date 12/12/2023 12:00 AM

MLS Public Remarks  What do you call a Goldmine in Portage WI? The Hitching Post! Excellent location just off the interstate, this family-owned restaurant is a real gem! Seller has completed so many updates in the 11 years he has owned it. New interior finishes, completely new and relocated bathrooms, expanded hostess station/lobby area, kitchen updates, exterior improvements including metal roof, new windows, and covered outdoor patio area. Nice detached 2 c garage and Catering business, including Catering van are all part of the package. Too much to list. Qualified Buyers will be impressed with the books- Did we mention "goldmine?"
Documents and Related Links  
1) Equipment List
2) RECR
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Portage
  • C/T/V  City
  • Unit #  
  • Directions  From First Weber Office: W Wisconsin St To R On Silver Lake Drive To L On W Wisconsin St To Property On Right.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  4,662
  • Net Leasable SqFt  0
  • Year Built  1955
  • Source for Year Built  PubR
  • Approx Bldg Dimen  64x65
  • Street Frontage  259
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  B3
  • Est. Total Acres  1.48
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  B & B Hitching Post
    • ASSESSMENT & TAXES  
  • Land Assessment  $154,800
  • Assessment Year  2022
  • Net Taxes  $6,934
  • Tax Year  2022
  • Improvements  $205,000
  • Total Assessment  $359,800
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 NA NA 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included See equipment list, catering van
    Items Excluded  personal property of seller
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club, Tavern
  • Exterior Treatment  Brick, Wood
  • Building Parking  56 or more spaces, Onsite, Paved
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Inventory list, P & L statement, Property Condition Report
  • Location  Free standing, Near Major Highway
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Customer list, Equipment, Furniture, Inventory, Receivables, Signs
  • Features  Private office(s), Public rest rooms, Reception area, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc