5221 North Highway 51, Mercer WI 54547 $225,000

5221 North Highway 51, Mercer 0 Acres $225,000 Active

  • Commercial/Industrial
  • Status: Active
  • Estimated Age: Not Available
  • Estimated Square Feet: 3001-3500
  • Est. Lot Size: 0-10000
  • County: Iron
  • Property Taxes: $2,331
  • Property Tax Year: 2016
  • MLS#: 1702926
  • Listing Company: Re/Max Excel

5221 North Highway 51, Mercer, WI 54547 - Well Established Northwoods Bar And Fine Dining Establishment For Sale In Mercer On Hwy 51 In Downtown Mercer. Amenities Include An Open Concept Bar That Seats 17 With An Additional 10 At Elevated Wooden Tables. The Large Picture Corner Windows Provide Plenty Of Natural Lighting And A Super-Sized Aquarium To Dining Area That Seats 36, Has A Beautiful Fieldstone Gas Fireplace For Customer'S Dining Pleasure. There Are 3 Wall Air Conditioner Units To Keep Cool On Hot Summer Days.,in Addition, The Completely Furnished Upstairs Has 6 Bedrooms, Full Bath, Living Room And Bar/Kitchenette Area And Full Length Deck Overlooking Downtown Mercer. This Provides Great Additional Income For Customers That Book A Northwoods Retreat For Fishing, Hunting, Atv Riding Or Snowmobile Fun And More! The Upstairs Could Also Be Used As Living Space For The New Business Owner. There Is Even A Second Set Of Steps That Could Be Opened, Once Again, For Direct Access To The Bar Area. The Full Basement Provides Plenty Of Storage For Stock And Other Items. Adjacent Lot, Included In Sale, Provides Additional 10 Private Parking Spaces. Improvements Per Seller Include: Vinyl Siding With 1 ? Insulation Added 2016; Metal Roof 2015, Two New Energy Efficient, Natural Gas Furnaces 2012-2007; New Electrical Wiring And Windows Upstairs; Kitchen Improvements Including New Fryers, Dishwasher, Prep Sink, Refrigerator, Freezer And Flooring, And Two 1,000 Gallon Holding Tanks To Dispose Grease From Fryers. Total Estimated Cost Of Improvements $45,000. Natural Gas Is The Main Heat Source, However, Lp Is Used To Cook In The Kitchen.

Additional Features
  • Heating/Cooling: Forced Air, Wall A/C Lp Gas, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water, Perk Appr Holding Tank
  • Roof: Metal
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Size: 0-10000
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1702926 Active May 17 2017 2:14PM $250,000 520

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