Newburg, WI 53060,503 W Main St
Listed by Homestead Realty, Inc
Bought with Infinity Realty
$425,000
$449,000
5.3%
Est.Price: ?

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2,536 SqFt

503 W Main St Newburg, WI 53060

Est. payment /mo
SOLD DATE : 10/21/2024

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Key Details

Sold Price $425,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,536 sqft

Price per Sqft $167

MLS Listing ID 1892631

Sold Date 10/21/24

Year Built 1910

Annual Tax Amount $3,507

Tax Year 2023

Lot Size 0.330 Acres

Acres 0.33

Property Description

Make this property a strictly investment property and lease out restaurant or run the business. TWO APARTMENTS So much potential for profits Tremendous opportunity for the right investor. Huge opportunity for high traffic profits. Large bar room and open seating area and an amazing outside tiki bar , stage and seating. A commercial kitchen can handle a diverse menu from fish fries to Sunday brunches. All restaurant equipment and furnishings are included! This turnkey, family-owned bar/restaurant has been a gathering place in the area. Excellent food and an amazing staff make this a fan favorite. 2 apartments (high rents) have enjoyed long term tenants and generate significant income. Don't miss out on this lucrative venture!

Location

State WI

County Ozaukee

Zoning Commercial

Rooms

Basement Block, Full

Interior

Heating Central Air, Forced Air, Natural Gas

Cooling Central Air, Forced Air, Natural Gas

Flooring No

Exterior

Exterior Feature Aluminum Trim, Partial-Stone, Partial-Vinyl, Steel, Stone, Wood

Garage Spaces 10.0

Roof Type Composition,Rubber

Building

Water Municipal Sewer, Municipal Water

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agent

Ben Gentile

Broker

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