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Key Details
Sold Price $165,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 690345
Sold Date 10/31/24
HOA Y/N No
Year Built 1951
Annual Tax Amount $766
Tax Year 2024
Lot Size 2,400 Sqft
Acres 0.0551
Property Sub-Type Retail
Property Description
Mikes Lounge has been serving the Monroe community for 44 years and the owner is looking to retire. This is a unique opportunity to take over a thriving business and make it your own. Mike's lounge currently offers a full bar with plenty of space for seating and a kitchen with pizza ovens for an added revenue source. This price also includes the beer garden lots next to the bar at 116 E Washington. That's not all! There is an additional INCOME opportunity by renting out the 1 bedroom apartment located behind the bar with its own private entrance. The apartment is currently vacant giving the new owner the opportunity to live in the apartment or rent it out. Metal roof, stone exterior, and a new water heater in 2022. Call today for a private showing!
Location
State IA
County Jasper
Area Monroe
Zoning Com
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Roof Type Metal
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
School District Pcm (Prairie City-Monroe)
Others
Tax ID 1736229006
Monthly Total Fees $63
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing See Remarks
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