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1408 Madison Road,  Beloit,  WI  53511 $599,900 Active
1408 Madison Road,  Beloit,  WI  53511
$599,900
Active
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 Property Type Business/Commercial
 Parcel # 206 12760725
 County Rock
 Sub Area P02
 Municipality Beloit
 MLS# 1968496
 Listing Date 12/15/2023

MLS Public Remarks  Rare opportunity to own a piece of Beloit History. The Mouse Tavern opened in 1933 and has been a well known establishment ever since. Current owners purchased it in 1986 and have kept a friendly local atmosphere ever since. This purchase would also include the 2 adjacent properties which could increase rental income with additional rent. Currently 1426 Ritsher rents at $600 per month and 1420 Madison is zoned commercial and vacant. Additional upgrades have taken place over the last several years (info available upon demand) including the addition of the outdoor patio.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Beloit
  • C/T/V  City
  • Unit #  
  • Directions  North On Madison Rd
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  3
  • Building Gross SqFt  1,620
  • Net Leasable SqFt  1,620
  • Year Built  1928
  • Source for Year Built  Slr
  • Approx Bldg Dimen  0x0
  • Street Frontage  175
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  com
  • Est. Total Acres  1.0
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $78,700
  • Assessment Year  2022
  • Net Taxes  $2,325
  • Tax Year  2022
  • Improvements  $62,900
  • Total Assessment  $141,600
    • 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 All fixtures and building supplies
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Other foundation
  • Fuel  Natural gas
  • Seating Capacity  76-100 persons
    • EXTERIOR FEATURES  
  • Type   Restaurant/Supper Club, Tavern
  • Exterior Treatment  Aluminum, Vinyl
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  Internet - Cable
    • OTHER FEATURES  
  • Documents on File  Certified survey map, P & L statement
  • Location  Business district, Free standing
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Signs
  • Features  Display window, Inside storage, Private Restrooms, Residential unit(s), Security system, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated