110 N Mill Street $79,900

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    110 N Mill Street Lake Mills, IA 50450

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    $79,900

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    • 0.10 Acres
    • Commercial
    • MLS# 6316360
    110 N Mill Street, Lake Mills, IA 50450
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    Listing provided courtesy of: Realty ONE Group Black Diamond
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    Views: 21 Days On Site: 173

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    Property Details

    INVESTMENT OPPORTUNITY! Don't miss out on your chance to own the iconic North Branch (Former Silverado's) in Lake Mills. This bar/lounge is a favorite spot for locals and visitors alike. With 1,886 square feet of space, including a sit-up bar, walk-in cooler, tables & chairs, and even a pizza oven for some scrumptious bar food, this establishment is ready for new owners to take it to the next level. Enjoy the added perks of a pool table, jukebox, 4 video gambling machines & an ATM rented from RedLine. Another highlight of this property is the spacious nearly 1,000 square foot back deck, perfect for summer gatherings or a game of bags! Convenient city-owned parking lot on North side of building. Take advantage of this unique opportunity to own a piece of Lake Mills history while producing income! The potential here is UNLIMITED.

    • General Features
      • Tax Year 2022
      • Net Taxes $616
      • Current Use Tavern/Lounge
      • Potential Use Lounge/Bar, Office, Professional, Rest/Lounge, Restaurant
    • Building Features
      • Accessible None
      • Air Conditioning Central
      • Basement Partial
      • Roof Age Over 8 Years, Rubber
      • Heating Forced Air
      • Style Business
    • Property Features
      • Exterior Wood
      • Available Utilities Electric Common,Heating Common,Hot Water Common
      • Fuel Natural Gas
      • Parking Characteristics Paved Lot
      • Sewer City Sewer/Connected
      • Water City Water - In Street
      • Total Number of Units 1

    Contact

    Matthew Karjalahti

    Matthew Karjalahti

    Broker, Owner

    Iowa

    RE/MAX PARTNERS REALTY

    Mobile Phone: 641-260-0672

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Market Last 30 Days In This Postal Code

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $79,900
    8/19/2024 4:08:51 PM Price Reduced Source: Multiple Listing Service New Value: $79,900 -8.69%
    5/29/2024 4:08:00 PM New in Database Source: Multiple Listing Service New Value: $87,500

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Listing information is provided in part by the Internet Data Exchange (IDX) program of the Iowa Association MLS. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Iowa Association MLS. All rights reserved.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.