Monroe, IA 50170 114 E Washington Street
$165,000
30 more
Presented By: Realty ONE Group Impact
Home Details
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!
Presented By: Realty ONE Group Impact
Interior Features for 114 E Washington Street
Bedrooms
Total Bedrooms
Bathrooms
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 114 E Washington Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMonroe
Construction MaterialsBlock, Stone
CoolingCentralAir
CountyJasper
Days on Market167
DirectionsFrom HWY 163 head east towards Monroe. Take exit 25 to Monroe, take a left off the exit, and turn left on W Washington St.
Elementary School DistrictPcm (Prairie City-Monroe)
Full Baths
Garage Y/NNo
HeatingForcedAir, Gas, NaturalGas
High School DistrictPcm (Prairie City-Monroe)
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionTOOL'S POINT E 20' OF W 40' OF LOT 7 BLK 10
Lot Size Square Feet2400.0
Lot Size UnitsAcres
MLS AreaMonroe
Middle/Junior School DistrictPcm (Prairie City-Monroe)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
PostalCityMonroe
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofMetal
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount766.0
Tax Year2024
TermsCash, Conventional
View Y/NNo
Waterfront Y/NNo
Year Built1951
ZoningCom
Exterior for 114 E Washington Street
Building Area Total2124.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions20X120
Lot Size Acres0.0551
Lot Size Area0.0551
Open Parking Y/NNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®