Downtown Historic Building and Investment Opportunity!
5203 Highway 51, Mercer, WI  54547
Listing No:
604
Greater Northwoods MLS No.:
116439
Price:
$274,900
Bedrooms:
Baths:
Agent:
Micki Perko Pierce
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VIEW ALL OUR PROPERTIES AT: www.c21piercerealty.com

This 4,500 sq ft building sits on a 250 x 150 corner lot in downtown Mercer! There are 3 separate units in this building-ideal for rental property! One is currently an operating auto repair shop, which includes some nice equipment! The second, is currently rented as a fully functional bar, complete with coolers, signs, walk in cooler, register, glassware and more! The third unit can complete your business idea! The structure is very sound, with a thick poured concrete foundation and concrete beams. Also concrete walls lined with exterior brick. Once owned and operated by State Senator Roland Kannenburg, more than 20 different businesses have occupied this building over time, including a bakery, an ice cream parlor, several restaurants, a beauty shop, drug store, variety stores, and many more! Now bring your own ideas to add to the list of successful ventures! The possibilities are endless! There is so much here to offer! Rental opportunities, valuable real estate with 5 total lots and a great location! Check it out!
Property Details
Lot Size: 150 x 250  Square Footage: 4,500 sq. ft. 
Year Built: Unkn  2009 Taxes: 2,899.83 
Construction: Concrete  School District: Mercer 
Roof Rolled   Water Heater: Electric, 80 Gallon 
Exterior Walls: Concrete  Electrical Service: Breakers 
Interior Walls: Brick  Heating: Natural Gas, Forced Air 
Basement: Partial, Poured     
Room Name: Level: Size: Description:
Bar Room   24'6" x 34'  tile floor, plaster walls, 10' ceilings 
Men's Bath  4' x 6'  tile floor, marlite 
Women's Bath  4'5" x 5'9"  tile floor, marlite 
Dry Storage Room  8' x 8'6"  floor to ceiling shelving 
Cooler  8' x 16'9"  cement block 
Office  11' x 16'  cement floor, paneling 
Dining Room  20' x 36'  tile floor, plaster walls 
Kitchen  12' x 33'  tile floor, plaster walls 
Rental Unit  24' x 29'6"  carpet, T&G pine, paneling, carpeted storage room 
Rental Unit  22' x 26'  tile floor, T&G pine, 10' ceiling 
Storage Room  22'4" x 24'6"  tile floor, plaster walls, 10' ceiling 
GARAGE    none 
Accessories:
Fireplace: No  City Water: Yes  Natural Gas: Yes 
Central Air: No  Private Well: No Washer/Dryer: No 
Oven/Range: No  City Sewer: Yes  Utility Hookups: No 
Refrigerator: No  Septic System: No Window Coverings: No 
Dishwasher: No         

Legal Description: Lots 1, 2, 3, 4 and 5 Block 2, Village of Mercer Plat of Section 36, Township 43 North, Range 3 East, Town of Mercer, Iron County, Wisconsin.

Driving Directions: At corner of Highway 51 and Lakeview Avenue in Downtown Mercer.

"The information contained herein has been set forth by the seller and is believed to be complete and accurate. However this information is not the representation of CENTURY 21® Pierce Realty, LLC. This listing is subject to omissions, errors, prior sales or other changes without prior notice."


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Mercer and Manitowish Waters, Turtle Flambeau Flowage, Wisconsin Real Estate and
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