217 South Main Street Medford WI 54451 $118,500

Property Description

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

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: null

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