LISTING Commercial Property For Sale

Mineral Point 53565 - 0.18 Acres

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Listing Courtesy: Acres Realty
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Property Description

$575,000  |  Commercial # 1911975  |  43 High - Mineral Point, LISTING

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 CAFĂ© 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.

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$575,000  |  Commercial # 1911975  |  43 High - Mineral Point, LISTING

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All properties are subject to prior sale, change or withdrawal. 2022.05.26 | 108.163.245.133 | 44.192.25.113
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