a Berkshire Hathaway affiliate

$259,000

315 Main St E, Ashland, WI 54806


315 Main St E Ashland, WI 54806

For Sale MLS# 6093438

Commercial

Data current as of {{getLocalTime('2021-03-07T09:50:27Z')}}

Details

MLS# 6093438

Description for 315 Main St E, Ashland, WI, 54806


An Ashland Gem now available. This storied property has a long and proud Ashland history. Originally "Cabbies" Bar, the Stagecoach has provided live-entertainment, food and drink to generations of Ashlanders. Located in the heart of the city, with a main street location, this business has been lovingly updated and refreshed, and is currently very profitable and in excellent condition inside and out. Soon to be the site of Ashland's newest mural by Sue Martinsen, this property offers everything a business owner needs to make a great living in a great community. The business and the building are in excellent condition. Highlights include a custom mahogany bar designed and installed by Mark Margetta, and a matching mahogany server station. Recent updates include a roof replacement last year, all electrical replaced six years ago. 45 floor joists were replaced to ensure long term strength and a solid foundation. The dry, solid, poured concrete foundation offers a 1300 sf basement for ample storage. A commercial kitchen contains a 36" South Bend grill top with 2 burners and 2 ovens, a 2 basket fryer, a True Brand commercial double door stainless refrigerator, True brand 4 bay stainless steel sink, a stainless cold-well with 2 doors of refrigeration beneath, a full-sized, professional ventilation system, three new freezers in 2018, complete plumbing replacement 6 years ago, a walk-in cooler with a new compressor 2 years ago and a Glycol system to keep every beverage cold from the first pour to the last. A new Air conditioning compressor and new furnace were installed 6 years ago, all coolers were new in 2014, the 400 pound ice-o-matic ice machine is also new in 2018. The floors were given a new, durable, epoxy coating this year. The establishment has multiple streams of income. 70% of food and drink sales are currently from food. Additional on-site income streams include 5 video poker machines, an ATM, a iTunes Jukebox, a dart board, a pinball machine, and 2 pool tables. There are also 5 flat screen TV's for sporting events, and excellent Bose speakers. The security system includes internet streaming, and is owned by the business. The 2 station Point of Sale system is also owned. Parking has never been a problem, even with regular events of over 200 people. Several overflow lots are within a dozen steps from the site, and additional parking exists at the Catholic Church. Financial data will be shared with qualified, serious purchasers.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.13 Acres

Square Feet:

Year Built: 1946

Foundation:

Garage: No

Stories: 1

Construction: Frame/Wood

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Ashland

HERS Score:

Construction Status:

School Information


District: Ashland (WI) #170

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Additional Interior Features: Security System, Bar Area, Fire Alarm, Kitchen Area, Restrooms, Smoke Detectors

Utilities


Water: City

Sewer: City

Available Utilities:

Other Utilities:

Cooling: Central

Heating: Forced Air

Exterior / Lot Features


Parking Description:

Exterior: Vinyl

Roof: Flat

Lot View:

Lot Dimensions: 50 x 114

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features: Sprinkler System

Soil Type:

Tillable Acres:

Unit Information


Total Baths: 2

Total Rooms: 5

Driving Directions


From Ellis Avenue and Main Street head East on Main street to 315 Main St E. Stagecoach Bar and Grill

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Cash,Contract for Deed,Conventional,FHA,FHA 203k,Small Business Admin.

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 201-01345-0000

Tax Amount: $1,221

Tax Year: 2020

HomeStead Description:

Sales History

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Schools nearby 315 Main St E

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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