$ 425,000 $ 449,000 5.3%

503 W Main St

Newburg, WI 53060

  • 2,536 SqFt
  • 1910 Year Built
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!
Listed by Homestead Realty, Inc , Sold By Infinity Realty

GALLERY

503 W Main St, Newburg, WI 53060
503 W Main St, Newburg, WI 53060
503 W Main St, Newburg, WI 53060
503 W Main St, Newburg, WI 53060
503 W Main St, Newburg, WI 53060
503 W Main St, Newburg, WI 53060
503 W Main St, Newburg, WI 53060
503 W Main St, Newburg, WI 53060

PROPERTY DETAIL

  • Key Details

    Sold Price $425,0005.3%

    Property Type Commercial

    Sub Type Commercial/Industrial

    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

    Acres 0.33

    Property Sub-Type Commercial/Industrial

  • Location

    State WI

    County Ozaukee

    Zoning Commercial

  • Rooms

    Basement Full, Block

  • Building

    Building Description Low Maintenance Trim,Steel Siding,Stone,Wood,Vinyl, Security Equipment,Roof Sign,Fixtures,Furniture,Compressor,Display Window,License Included,Rest Rooms,220 Volt Power,Inside Storage,Outside Storage,Living Space Avail,Security Lighting,Fenced Yard,Other

    Sewer Municipal Sewer

    Water Municipal Water

    Structure Type Low Maintenance Trim,Steel Siding,Stone,Wood,Vinyl

  • Interior

    Cooling Central Air

  • Exterior

    Roof Type Rubber,Composition

    Total Parking Spaces 10

    Exclusions Touch Tunes Jukebox, Any Speakers, Folding Tables, 2 Nescos, 2 Crockpots, Banquet Tables and chairs, snow blower, 2 bags games, Boehlke, Seller's personal property

  • Others

    Tax ID 0304

CONTACT

Wendy Wendorf
Wendy Wendorf
Email: wendy@wendywendorf.com Tel: +1(262) 716-6688

License ID: 90518-94

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