Bought with 1st Class Real Estate Impact
$275,000
$285,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
101 2nd St Salem Lakes, WI 53170
3,234 SqFt
Key Details
Sold Price $275,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,234 sqft
Price per Sqft $85
MLS Listing ID 1791126
Sold Date 08/24/22
Year Built 1925
Annual Tax Amount $2,515
Tax Year 2021
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Older building in mint condition with a ''turn key'' restaurant on main floor & 1 1/2 bedroom apartment on 2nd floor. For over 20 years this was the very popular ''Taste of Italy'' supper club. It is currently leased to another restaurant operating through Sept 2022, who is paying $1200 per month, apartment pays $850 mo/including utilities. 3 tier pizza oven can provde 18 pizzas. Outdoor patio when not used for parking. Plenty of street parking. 3 blocks to the Lake. ''Taste of Italy'' roof top sign is available. Both tenants are willing to stay if possible.
Location
State WI
County Kenosha
Zoning comm
Rooms
Basement Full, Walk Out/Outer Door
Interior
Heating Central Air, Forced Air, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
Cooling Central Air, Forced Air, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
Flooring No
Exterior
Exterior Feature Brick, Partial-Aluminum, Partial-Vinyl, Stucco/Slate
Garage Spaces 2.0
Roof Type Composition
Building
Water Municipal Sewer, Private Well
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