Mikes Lounge has been serving the Monroe community for 44 years and the owner is looking to retire. This is a unique opportunity to take over a thriving business and make it your own. Mike's lounge currently offers a full bar with plenty of space for seating and a kitchen with pizza ovens for an added revenue source. This price also includes the beer garden lots next to the bar at 116 E Washington. That's not all! There is an additional INCOME opportunity by renting out the 1 bedroom apartment located behind the bar with its own private entrance. The apartment is currently vacant giving the new owner the opportunity to live in the apartment or rent it out. Metal roof, stone exterior, and a new water heater in 2022. Call today for a private showing!
MLS# | 690345 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Pending |
Year | 1951 |
Days On Site | 228 |
Listing Provided By | Realty ONE Group Impact | Crystal Arguello |
SQ Feet | 2,124 |
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Zoning | Com |
Acreage | 0.06 |
State | IA |
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County | Jasper |
City | Monroe |
Zip Code | 50170 |
Area | Monroe |
Listing VS Median (in 50170) | |
Price: $165,000 low | high Med: $240,000 SqFt: 2,124 low | high Med: 2,002 $ / SqFt: $78 low | high Med: $120 On Site: 228 low | high Med: 83.000000 |