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244 N Main Street,  Monticello,  WI  53570 $459,000 Sold
244 N Main Street,  Monticello,  WI  53570
$459,000
Sold
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 Property Type Business/Commercial
 Parcel # 151-0029.0000
 County Green
 Sub Area H17
 Municipality Monticello
 MLS# 1967698
 Listing Date 11/22/2023
 Sold Price $410,000
 Close Date 01/22/2024 12:00 AM

MLS Public Remarks  THIS is the definition of Turn-Key. Kings Bar & Grill in Monticello with it's Castle-like architecture and complete interior remodel is an excellent opportunity. The adjacent apartment/AirBnB also received a full gut job and seller will continue to work to add the finishing touches prior to closing. The bar area features a dark tin ceiling, refinished hardwood floors, pool table, dart boards, gambling machines (on lease), a rear patio and large green space. The kitchen is fully appointed and ready for food - adding even more profit potential. The apartment/AirBnB is a 3 bedroom 2 full bathroom 1.5 story adjoining unit with all new electrical, new windows, and a complete interior remodel. Live in the apartment and operate the bar, or rent the apartment out for more income. MUST SEE!
Documents and Related Links  
1) Commercial Disclosure Report
2) Inventory
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Monticello
  • C/T/V  Village
  • Unit #  
  • Directions  From State Rd 69, East On West Coates Ave, South On Main Street.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  2
  • Building Gross SqFt  4,000
  • Net Leasable SqFt  4,000
  • Year Built  1920
  • Source for Year Built  Othr
  • Approx Bldg Dimen  60x50
  • Street Frontage  60
  • Parking Fees/Mo.  $0
  • Onsite Parking  2
  • # of Stories  2
  • Ceiling Height Min  13
  • Ceiling Height Max  13
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.17
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  Kings Bar & Grill
    • ASSESSMENT & TAXES  
  • Land Assessment  $21,400
  • Assessment Year  2023
  • Net Taxes  $4,913
  • Tax Year  2023
  • Improvements  $184,800
  • Total Assessment  $206,200
    • 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 0 0 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included EVERYTHING IN THE BAR EXCLUDING ANIMAL HEADS AND DIRT BIKE.
    Items Excluded  N/A
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Apartment building, Tavern
  • Exterior Treatment  Brick, Stone
  • Building Parking  1-5 spaces, 11-20 spaces, 6-10 spaces, Offsite, Onsite
  • Roofing  Metal, Rubber/membrane
  • Terms/Option  Land contract
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Fixtures & equipment, Inventory list, P & L statement
  • Location  Corner, Free standing
  • Tenant Pays  All expenses
  • Present Use  Apartment building, Living quarters, Tavern
  • Licenses  Beer, Food, Liquor
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Customer list, Equipment, Furniture, Inventory, Signs
  • Features  Inside storage, Private Restrooms, Public rest rooms, Residential unit(s), Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Hedeman Group