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Listed by JIM JAWORSKI • CENTRAL WI REAL ESTATE
$ 440,000
Est. payment | /mo
4,450 SqFt
$ 440,000
Est. payment | /mo
4,450 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,450 sqft
Price per Sqft $98
Municipality MARATHON
MLS Listing ID 22501914
Year Built 1920
Annual Tax Amount $5,202
Tax Year 2024
Property Description
Fantastic investment opportunity. Take a look at this well know building in the heart of popular Village of Marathon's downtown district. This well established restaurant/3 unit apartment building is available.,The building hosts a current family restaurant (Formally called the Village Inn) with recently renewed annual lease on the street level. Owner of building owns all associated restaurant equipment and furniture and all is included in the sale. All equipment is in good to excellent condition. The tenant in the restaurant is well established. The building also houses 3 upper level apartments. Unit 1 features 3 bedrooms, 1 full bath and is approximately 700 square feet. Unit 2, just completely remodeled, features 2 bedroom, 2 full baths and private laundry, and is 650 square feet. Unit 3 features 2 bedrooms, 1 full bath and is 650 square feet. A Shared laundry facility is available for units 1 and 3. Monthly rents are 4700.00. All leases were just renewed for an additional 12 months.
Location
State WI
County Marathon
Zoning Commercial,Residential,Multi-Family
Interior
Heating Electric, Natural Gas
Cooling Forced Air, Central Air
Exterior
Exterior Feature Brick, Brick/Stone
Roof Type Rubber/Membrane,Rubber/Membrane
Building
Sewer Municipal Water
New Construction N
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