Great opportunity for a restaurant, bar or retail. Restaurant section of bldg. totally gutted & remodeled in 2011. New HVAC, plumbing (new bathrooms), windows, roof, most electrical. Offices added, conference rm, large gathering space. When operating as restaurant, seating capacity was 105. Has commercial kitchen, some items have been sold off.Two upstairs apts, one 3 bdrm ($800/mo. rent), One 2 bdrm ($650/mo), both have updated baths. Building should be positive cash flow. Buy as an investment now, put your business/restaurant in down the road!
From Hwy 61 and Vila St, go north on Vila to 5th St, take a right. Building is on the corner of 5th and South Baker.
The approximate monthly Principal & Interest payment for this property would be $1,425. This payment is based on a 30-year loan at a fixed rate of 4.59 % with a down payment of $21,900. Actual lender interest rates and loan programs may vary.
Use our Mortgage Payment Calculator to determine a more exact payment estimate, or Contact a Gerrard-Hoeschler REALTORS Real Estate Agent.
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