217 South Main Street, Medford, WI 54451 Sold for $86,250 on 03/01/2022

217 South Main Street, Medford 0 Acres $86,250 Sold

  • Commercial/Industrial
  • Status: Sold
  • Estimated Age: 21+ Years
  • Estimated Square Feet: 2001-2500
  • Square Feet: 2320
  • Est. Acreage: < 1/2
  • Est. Lot Size: 0-10000
  • County: Taylor
  • MLS#: 22105041
  • Listing Company: Coldwell Banker Action
  • Price/SqFt: $51
  • Zip Code: 54451

217 South Main Street, Medford, WI 54451 - Business Opportunity! Versatile Business Space On Main Street In Medford - Currently Set Up As A Bar (bogey?s Bar) W/ A 1-Bed, 1-Bath Remodeled Apartment Above (rents For $400-$500 Per Month). Approximately 1,500 Main Level Sq Ft Featuring An Open & Versatile Space, Custom Wooden Bar W/ Included Stools (new In 2020), Commercial Refrigerator, Dual Sink Area And Ample Cabinet / Bar Storage Space. The Jukebox, Pool Tables, Poker Machines Are Owned By The Respective Vendors (but The Bar Owner Produces A Portion Of The Income Generated For Each Unit, Although They Are Not Owned). This Turn-Key Business Opportunity Can Also Include All The Business Inventory (estimated At Over $5,000) Negotiable With The Sale. Other Values Include The Brand New Central A/C, 4 New Windows (2020), New Roof (2015) - Resealed In 2020, And Included Security Camera System. Ample Parking W/ A City-Owned Lot Along The Back Of The Property And Street Parking Along The Front.,the Owner Is Willing To Train And Work With The Next Owner To Transfer Business Knowledge & Industry Experience (if Desired), Current Owner Looking For A Change. The Future Owner Could Renovate This Space For Another Business Venture Or Purchase The Bar & Manage Their Own Business. Positive Cash Flow And Business Financial Information Available - Contact For More Information. Upstairs Features An Updated 1 Bd, 1 Bath Apartment W/ Private Exterior Access (side Stairs From Main St) Approximately 900 Sq Ft W/ New Vinyl Plank Flooring, Fresh Paint, Cozy Kitchen W/ Included Range & Refrigerator, And A Nice-Sized Bath W/ Full Tub/Shower. Currently Rented Month-To-Month At $400 Per Month W/ The Tenant Paying Electric & Heat Separately (market Rents Could Be Higher Approx. $400-$550 Per Month). Separate Electric & Gas Meters, 2 Electric Panels, 2 Furnaces, 1 Water Heater & 1 Water Meter. Unfinished Full Stone Basement - Great Storage Space W/ Included Commercial-Grade Freezer (included). Overall, This Business Opportunity Offers Tons Of Potential For A Turn-Key Operation Or Local Business To Flourish In Downtown Medford. Schedule Your Showing Today! Copy And Paste This Link Into Your Browser To View The Virtual Tour For The Upper Apartment - Https://My.matterport.com/Show/?m=btx93sa23ff&mls=1

Additional Features
  • Heating/Cooling: Central Air, Forced Air Natural Gas
  • Water Waste: Municipal Water
  • Roof: Flat, Metal
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Description: 0-10000
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
22105041 Sold Active Mar 1 2022 4:09PM $86,250 137
22105041 Active Sep 7 2021 8:09PM $118,500 137
22100836 Expired Active 185
22100836 Active Mar 3 2021 12:09PM $119,900 185
1603392 Active Expired May 31 2017 2:41PM $142,900 $149,900 731
1603392 Expired Active 731
1603392 Active Jun 3 2016 11:09AM $149,900 731

Estimated Monthly Payment

$3,287 per month
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