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Tanya Knoblock
Mobile: 414-810-8633
Email: [email protected]
Web: www.TanyaKnoblock.com
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222 E Erie St 100, Milwaukee, WI 53202-6036
$249,900
 
PROPERTY INFORMATION:
Type Comm:  Other
Type Industrial:  
Type Business:  Beer/Liquor, Restaurant, Tavern/Bar
Location:  Business District, Near Public Transit
Industrial Park Name:  
Est Lot Size:  
County:  Milwaukee
Taxing Municipality:  City of Milwaukee
 
FINANCIAL INFORMATION:
Taxes:  $0/2021
Tax Key#:  Not Assigned
Est Year Built:   0 per Other
Zoning:  BUS
 
PROPERTY FEATURES:
Total Est Sq Ft:   5446 per Other
Lot Description:  
Basement:  Full, None
Parking:  50
Name of Business:  Char'd
Year Established:  2018
Occupied:  Y
# of Stories:  1
Proximity to Hwy:  1-3 Miles
Road Frontage:  High Visibility, Near Public Transit, Town/City Road
Terms/Misc:  
Avg Ceiling Height:  11'-15'
Truck Door Height:  No Truck Door
Water/Waste:  Municipal Sewer, Municipal Water
Heat/Cool:  Central Air, Forced Air, Natural Gas
Exterior:  Aluminum Trim, Brick, Partial-Brick, Partial-Steel, Steel
Amp Service:  0 Flood Plain:  No
Broker Owned:  N Cat 100:  
Commercial/Industrial MLS# 1796277 Pin# Status: Active
Business only for sale not include the real-estate. Great opportunity to take over very profitable( absentee owner net 250k/year) & successfully operating, one & only Third Ward's favorite Korean Fusion restaurant in turn key condition is now available to one lucky buyer only due to seller's other venture. Beautifully remodeled restaurant over 5,000 sf also can be a great opportunity for a new owner to convert this to achieve their own vision for any other high-end restaurant like High End Steakhouse, Italian, French restaurant...ETC. Awesome location in the heart of Third Ward, back door connected to 5 story public parking structure provide convenient parking ($5/2hour). Don't miss this once in a life time opportunity ! Seller is open to work the terms w motivated buyer w vision.
Directions: From N Water st turn east to E Erie st to address.
Scheduled Gross Income:  $1,232,145 For Sale/Lease:  Lease Only
Vacancy Allowance:   0% Lease Amount:   $10,520 per Month
Gross Operating Income:  $0 Average Rent/Sq Ft:  $22
Net Operating Income:  $ Lease Expiration:  
Total Operating Expenses:  $984,613 Security Deposit:  $0
Miscellaneous: 440 Volt Power, Compressor, Display Window, Fixtures, Furniture, License Included, Other, Rec Facilities, Rest Rooms, Sprinkler System
Expenses Include: Accounting, Advertising, Insurance, Licenses, Maintenance, Miscellaneous, Other, Payroll, Permits, Property Management, Services (All), Supplies, Taxes-Pers. Property, Utilities
Licenses:
Sale Includes: Business Name, Lease
Terms/Misc:  Land Contract, Owner May Assist, Rent/Option to Buy
Documents on File: Floor Plans, Gross Operating Stmt, Leases, Listing Contract, Other
Listed By:  Re/Max Lakeside-27th
 
Copyright 2015 MetroMLS - All Rights Reserved - The information shown on this sheet is believed to be accurate and reliable but is not guaranteed and is subject to corrections Wed, Oct 5, '22