Presented by...
Mary Ruth Marks
Mobile: (608) 513-7490
Work: (608) 441-7777
[email protected]

711 W Racine Street,  Jefferson,  WI  53549 $600,000 Active
711 W Racine Street,  Jefferson,  WI  53549
$600,000
Active
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 Property Type Business/Commercial
 Parcel # 24106140344011
 County Jefferson
 Sub Area K09
 Municipality Jefferson
 MLS# 1963264
 Listing Date 09/02/2023

MLS Public Remarks  Check out this goldmine! Many possible streams of revenue are waiting for you! Bar, restaurant, waiting for a new owner to show it off! Current owner is ready to take a step back and enjoy retirement. Now Looking for a good fit to take over this turn-key establishment. The possibilities are endless with the huge banquet room, it even has an additional bar. This area is the perfect space to rent out for any occasion. If that's not enough, there are also two rental units on the second floor, each 2 bedroom 1bath. Come check out this well known and established bar in close knit Jefferson. Second parcel number included:241-0614-0344-021
Documents and Related Links  
1) Seller Disclosure Report
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Jefferson
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 18 West Off Main St, W Racine St
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $800
  • Total Units/Bldg  3
  • Building Gross SqFt  9,379
  • Net Leasable SqFt  1,600
  • Year Built  1971
  • Source for Year Built  Appr
  • Approx Bldg Dimen  85 X 98
  • Street Frontage  100
  • Parking Fees/Mo.  $0
  • Onsite Parking  50
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  20
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.55
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $30,000
  • Assessment Year  2023
  • Net Taxes  $7,139
  • Tax Year  2022
  • Improvements  $407,300
  • Total Assessment  $437,300
    • 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 Mtm Mtm 0 $9,600 $800 $0 800
    2 Mtm Mtm 0 $9,600 $800 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included All kitchen equipment, cookware and dishes. All furniture and furnishings.
    Items Excluded  Security system, rented games(pool tables, gambling machines, ATM)
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club, Tavern
  • Exterior Treatment  Block, Wood
  • Building Parking  Onsite, Paved
  • Roofing  Metal, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Fixtures & equipment, Inventory list, Property Condition Report
  • Location  Free standing, Residential area
  • Tenant Pays  Electric, Water
  • Present Use  Living quarters, Restaurant/Supper Club, Tavern
  • Licenses  Food, Liquor
  • Lease Type  Month to month
  • Occupied by  
  • Sale Includes  Equipment, Furniture, Inventory, Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred