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Key Details
Sold Price $240,000
Property Type Commercial
Sub Type COMMERCIAL
Listing Status Sold
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $43
MLS Listing ID 144732
Sold Date 07/13/22
Year Built 1900
Property Sub-Type COMMERCIAL
Property Description
Your chance to own income producing commercial real estate in downtown Potosi! Here is what you will get with this purchase. 1. A well taken care of downtown commercial building. 2. Immediate rental income from the current bar lessee, leased thru May 1 2023. 3. A lodging business "Potosi Inn" with good rental history to provide additional income. This type of rental is considered by many to be the most profitable type of rental income. There are 5 rooms available for nightly, weekly or longer rental income. Potosi is home to the Potosi Brewery (think brew fest), Holiday Gardens (think weddings and such) with boating, hunting and fishing excursions as the great Mississippi River is just down the road. The beautiful roads of the area also attract many visitors via UTV, motorcycling, biking, car cruises and more who enjoy and have a need for the lodging. There are not many lodging opportunities in the area and this one has room to grow. Here is that hard to find opportunity to purchase and invest in a hard asset investment for your future and additional income. Be sure to check out the virtual tour video. Very nice building and opportunity.
Location
State WI
County Grant
Area Wisconsin
Zoning G2 Commercial
Interior
Heating Forced Air, Other
Cooling Central Air, Window Unit
Flooring Other
Exterior
Roof Type Rubber
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
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Bought with Remax Advantage