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Key Details
Sold Price $312,500
Property Type Commercial
Sub Type Retail,Restaurant/Supper Club,Tavern/Bar
Listing Status Sold
Purchase Type For Sale
Square Footage 1,492 sqft
Price per Sqft $209
MLS Listing ID 1870326
Sold Date 08/30/24
Year Built 1920
Annual Tax Amount $3,352
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Motivated Seller! Owner may assist to the right buyer with 25% down. B2 zoning allows for retail on ground floor and residential top floor. Either two 1-bedroom apartments allowed or 1 large apartment. Fantastic Value-add opportunity to increase revenue by finishing the upper level adding another 1100sf of livable Sq Ft. Formerly, upper level was a 3 bed 1 bath apartment. Currently, it has been gutted to the studs, saving on demo labor costs and is ready for your imagination! 1st floor retail space is currently used as a bar & grill and is Turn-key if you plan to keep it as a bar & grill. There is a very long list of allowable retail uses available on the Salem-Lakes WI website. See B2 zoningMany options to use these 2 floors & maximize the full potential of this building
Location
State WI
County Kenosha
Zoning Commercial
Rooms
Basement Crawl Space Only, Partial, Poured Concrete, Walk Out/Outer Door
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Vinyl
Garage Spaces 20.0
Parking On Site 20
Roof Type Composition/Fiberglass
Building
Sewer Well, Private Septic System
New Construction N
Others
Acceptable Financing Seller May Assist
Listing Terms Seller May Assist
Special Listing Condition Arms Length
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