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Platteville Bar and Apts 60 N 2nd St 2 Room Hotel Platteville, WI 53818 $330,000 ($165,000/Room)
INVESTMENT HIGHLIGHTS
- High pedestrian area with lots of college students, heart of downtown entertainment area.
- Brick Building
- 2 Apartments above for added income
EXECUTIVE SUMMARY
Built in 1869, this bar has served as a beloved local hangout for generations in this college town of UW-Platteville. Located in a high-traffic pedestrian area, this bar offers exceptional opportunities to capture a large market and significantly boost revenue! Maintainthe relaxed, welcoming vibe that patrons currently enjoy, or introduce your own fresh concepts and create a unique legacy! This is abuilding and operating business opportunity. There are 2 apartments above for extra revenue currently bringing in $1000 per monthtotal. Features a large accommodating bar seating area and has walk in cooler for plenty of cold storage of refreshments. This is afantastic opportunity to invest in yourself, bring your ideas to life, and enjoy the rewards of doing what you love!
PROPERTY FACTS
| Price | $330,000 | Construction Status | Proposed |
| Price Per Room | $165,000 | Building Size | 4,405 SF |
| Sale Type | Investment | No. Rooms | 2 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 2034 |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.10 AC | Opportunity Zone |
Yes
|
| Zoning | Commercial | ||
| Price | $330,000 |
| Price Per Room | $165,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.10 AC |
| Construction Status | Proposed |
| Building Size | 4,405 SF |
| No. Rooms | 2 |
| No. Stories | 2 |
| Year Built | 2034 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
AMENITIES
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $162.00 | - |
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 271-00043-0000 | Improvements Assessment | $192,200 |
| Land Assessment | $25,000 | Total Assessment | $217,200 |
PROPERTY TAXES
Parcel Number
271-00043-0000
Land Assessment
$25,000
Improvements Assessment
$192,200
Total Assessment
$217,200
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Platteville Bar and Apts | 60 N 2nd St
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