Potosi, WI 53820

7.0 bath • 5,500 sqft

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.

Income

Expenses

Other Info

• Year Built: 1900
• Contract Date: 2022-06-13
• Listing Date: 5/13/22
• Price Date: 7/13/22

Features

• Basement: Full
• Style Primary: Two Story
• Cooling: Central Air
• Cooling: Window Unit
• Electrical Service: Other
• Electric Provider: Other
• Exterior Finish: Brick
• Exterior Finish: Wood
• Extras: Other
• Flooring: Other
• Foundation: Rock
• Fuel Type: Oil
• Fuel Type: Electric
• Fuel Type: Propane
• Gas: Lp
• Ground Line Doors: Two
• Heat Type: Forced Air
• Heat Type: Other
• Parking Surface: Gravel
• Parking Surface: Other
• Possession: Immediate
• Possession: Agreed
• Raised Docks: None
• Roof: Rubber
• Sale Or Rent: For Sale
• Sewer: Public
• Terms: Cash
• Terms: Other
• Type: Commercial
• Uses: Retail
• Uses: Office
• Uses: Lodging
• Uses: Bed and Breakfast
• Uses: Restaurant
• Uses: Tavern/Bar
• Uses: Entertainment
• Uses: Multifamily
• Uses: Special Purpose
• Uses: Other
• Uses: Shopping Center
• Uses: School/Training Center
• Water: Public