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- LoopNet Team
114 E Washington St
Monroe, IA 50170
Mikes Lounge · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- One Bedroom Apartment Attached, Rental rate of $700-800 mo.
- Been in Business for 43 years.
- Profitable Bar with Legendary Pizza.
PROPERTY FACTS
ABOUT 114 E WASHINGTON ST , MONROE, IA 50170
Mikes Lounge has been serving the Monroe community for 43 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. 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. A signed NDA is required to view financials. Call today for a private showing!
PROPERTY TAXES
| Parcel Number | 17-36-229-006 | Improvements Assessment | $85,070 |
| Land Assessment | $3,880 | Total Assessment | $88,950 |
PROPERTY TAXES
