Bought with Acres Realty
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Key Details
Sold Price $367,200
Property Type Commercial
Sub Type Retail,Restaurant/Supper Club,Tavern,Motel/Hotel/Bed & Brkfst,Apartment building
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $30
MLS Listing ID 1911975
Annual Tax Amount $9,119
Tax Year 2019
Lot Size 7,840 Sqft
Property Sub-Type Retail,Restaurant/Supper Club,Tavern,Motel/Hotel/Bed & Brkfst,Apartment building
Property Description
This fully leased classic former hotel is located on High St. in the heart of Mineral Point WI. It consists of 8,000 SF living space and 4,000 SF of restaurant/bar/retail space. The first floor consists of a central entry way that splits into 2 retail spaces. One is currently a café and the other a restaurant. They share a common kitchen and bar area in the rear of the building. Both businesses are run by the same long-term tenant. They have been very successful in this location. Mechanicals: The Boiler heat system is @ 6 years old. The plumbing and Electrical have been updated in recent years throughout the building as well. Most of the windows have been replaced on the upper floors while keeping the original lead glass windows in the store front to maintain the rustic appeal.
Location
State WI
County Iowa
Area Mineral Point - C
Zoning commercial
Interior
Heating Radiant
Cooling Radiant
Exterior
Parking Features Other
Roof Type Partially flat
Building
Story 3
Water Municipal water, Municipal sewer
Structure Type Brick
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