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Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling...

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Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated. 8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com Presented by: Dave Hazenfield (262) 470-3810 [email protected] Ray Goodden (262) 366-6990 [email protected] Offering Memorandum Historic Heaven City Property S91W27850 National Avenue Vernon, Wisconsin
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Page 1: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

Presented by:

Dave Hazenfield (262) 470-3810 [email protected]

Ray Goodden (262) 366-6990 [email protected]

Offering Memorandum

Historic

Heaven City Property

S91W27850 National Avenue

Vernon, Wisconsin

Page 2: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

Table of Contents

1) Property Overview 2) Building 1 - Restaurant formerly “Heaven City” 3) Building 2 - 13 Studio Apartments, Tavern 4) Building 3 - Duplex 5) Building 4 - Gallery 6) Building 5 - 3-family Building 7) Building 6 - Fully-Rented Residential Home 8) Maps/Aerials 9) Survey

Page 3: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

1) Property Overview

Price: $2,900,000 Lot Size: +/- 42.32 acres Total Building Size: +/- 18, 266 SF Zoning: B-2, General Business EC, Environmental Corridor A-2, Agriculture

Demographics-est. 14 1-Mile 3-Mile 5-Mile

Population: 3,213 10,687 22,604

# of Households: 1,223 4,106 8,420

Median HHI: $66,713 $69,050 $75,624

Traffic Counts (per DOT)

National Ave: +/- 16,025 cars per day

Building Size: Commercial Restaurant +/- 5,019 SF Tavern +/- 1,400 SF Gallery +/- 1,690 SF +/- 8,109 SF Residential Rented Home +/- 1,848 SF Studios +/- 3,928 SF Guest House +/- 1,085 SF 3-unit Building +/- 1,624 SF +/- 8,485 SF Garage/Storage +/- 1,672 SF TOTAL +/- 18,266 SF Site Size: 11.500 acres - Single Family 1.500 acres - Vacant Commercial 4.000 acres - Improved Commercial 18.319 acres - Multi-family 7.000 acres - Rented Residential Home 42.319 acres TOTAL

No

rth

W. Natio

nal Ave.

Fox River

Page 4: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

2) Building 1

Restaurant - “Heaven City”

Current Use: Restaurant Building Size: +/- 5,019 SF Layout: First Level 4 dining rooms, after dinner lounge area, bar room, bar, fireplace, lounge, kitchen, atrium, 2 restrooms, outdoor patio bistro Second Level 3 office rooms or apartments Basement Employee lounge Foundation: Rubblestone Exterior Walls: Stucco Roof: Clay tile & asphalt

Doors: Oak & painted panel doors Floors: Composition & concrete Walls & Ceilings: Plaster & Panel Walls & Ceilings Electric: 240V, 400 amp main service Plumbing: (2) 3-fixture restrooms, (1) 3/4 bath, Kitchen fixtures, 40-gallon gas water heater Heating & Cooling: (2) gas hot water boilers, (2) central air conditioning units Fixtures: 15’ bar & back bar, stain less underbar, 5 coolers, 1 walk-in freezer, sprin klered hood, dishwasher, 3 stainless steel sinks

Page 5: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

3) Building 2

13 Studio Apartments, Tavern

Current Use: 1 & 2 room studio apartments, office & tavern Apartments: +/- 5,328 SF Tavern: +/- 1.400 SF Total Building Size: +/- 6,728 SF Layout: Upper Level 8 small studios with 3/4 baths, full Pullman kitchen 2 apartments - living room, kitchen, 1 bedroom, 3/4 bath Lower Level 1 small studio w/ 3/4 bath, full Pullman kitchen 2 apartments - living room, kitchen, 1 bedroom, 3/4 bath Tavern, bar room, bar, restroom, storage Foundation: Concrete footings, slab on grade

Roof: Asphalt shingle Windows: Thermo casement Doors & Trim: Vinyl doors & oak trim Floors: Carpet, ceramic & vinyl in apartments, carpet in tavern Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in tavern, (1) 2-fixture bath in office, 50- gallon gas water heater Heating & Cooling: Apartments - 1 new gas hot water boiler, sleeve A/C Tavern– 1 newer gas forced air w/ central air Appliances: 13 ranges, refrigerators, walk-in cooler, air Exchanger

Page 6: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

4) Building 3

Duplex

Current Use: Duplex with 2-car garage Building Size: +/- 1,085 SF Garage: +/- 538 SF (basement) Layout: 2 living room, kitchen, bedroom and 3/4 bath Stories: 2 stories with basement garage Foundation: Concrete footings, 10- course concrete block basement walls Exterior Walls: Stucco Windows: Frame double hung w/ aluminum combination

Roof: Asphalt shingle Doors: Pine and painted flush Floors: Ceramic, carpet and composition Walls & Ceilings: Drywall Plumbing: (2) 3/4 baths with sheet fiberglass shower, stalls, 80-gallon electric water heater Heating & Cooling: Older gas hot water boilers, air conditioning Appliances: 2 ranges and refrigerators Garage: 3-car built-in garage

Page 7: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

5) Building 4

Gallery

Current Use: Gallery Building Size: +/- 3,362 SF Layout: Sales floor, office area, storage, 2.5 bathrooms, semi-finished lower level Stories: One story plus semi- finished lower level Foundation: Concrete footings, concrete block basement walls, concrete block party walls Exterior Walls: Brick veneer Windows: Thermo casement & frame double hung w/ combination storms & screens

Roof: Asphalt shingle Doors: Vinyl doors & Oak trim Floors: Ceramic, carpet and composition Walls & Ceilings: Plaster walls & ceiling Plumbing: (2) 1/2 baths, 80 gallon electric water heater Electric: 200 amp main service Heating & Cooling: Newer gas forced air furnace w/ A/C Garage: Newer +/- 1,675 SF garage w/ 1 double-truck high overhead door

Page 8: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

Current Use: 3 apartment units Building Size: +/- 1,624 SF Layout: 1 apartment with living room, kitchen, 1-bedroom, 2 studio apartments, laundry & utility room Foundation: Slab on grade, no basement Exterior Walls: 1/2 log siding Roof: Asphalt shingle Windows: Frame double hung

Doors: Painted pine flush doors Floors: Carpet and composition Walls & Ceilings: Knotty pine & drywall, acoustic ceilings Electric: (2) 240V, 200amp main services Plumbing: (3) 3/4 baths, w/ fiberglass shower stalls, 66-gallon electric water heater Heating & Cooling: 1 newer gas hot water boiler, no air conditioning Appliances: 3 ranges and refrigerators

6) Building 5

3-family Building

Page 9: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

Current Use: Single family residential home Building Size: +/- 1,848 SF Lot size: +/- 7 acres Stories: 2 Rooms: 4 Bedrooms / 2 Baths Basement: +/- 500 SF Heating & Cooling: Central Air & Heat Garage: 4 car detached garage Tax Key#: VNT 2091992 2014 Taxes: $ 3,767.91

7) Building 6

Rented Single Family Home

Page 10: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

8) Maps / Aerials

Page 11: Offering Memorandum - LoopNet€¦ · Walls & Ceilings: Drywall & panel walls, acoustic ceiling Plumbing: (13) 3-fixture baths with fiberglass shower stalls, (2) 2-fixture baths in

Information shown herein was provided by the Seller/Lessor and/or other third parties and has not been verified by the broker unless otherwise indicated.

8575 W. Forest Home Avenue | Suite 40 Greenfield, Wisconsin 53228 414-425-2700 | 414-425-2877 (fax) www.andersoncommercialgroup.com

9) Survey


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