#CM-116365-H Hurley - This once highly popular nightspot in the heart of downtown Hurley on famous Silver Street is in need of a new owner. Present absentee owner says time to sell. This long-time fixture and late night hot spot is housed in 2 buildings with 7500 sq. ft. featuring a front bar seating 24, rear bar seating 8-10, table seating for 88, huge sunken dance floor, DJ equipment and lighting, 6 coolers including walk-in cooler, several TV's (incl. 15' HD projection) and kitchen for serving up finger food. 500 person total capacity located in a high traffic location with lots of on-street and off-street parking nearby in front & rear. The rear of the building is adjacent to the popular Iron Horse ATV/Snowmobile Trail with back door entry. 2nd floor has two 1 br., 1 ba. furnished apartments and coin operated laundry. Full basement with additional bar, office, bathroom and lots of dry storage space. Come and check out the huge potential this property has to offer. $169,000 
 REDUCED TO $135,000!!!


 

318-320 Silver St Click here for more information
Area   # Units 3
County Iron WI # Floors 2
Township IR Hurley City Total SqFt 7,500
Bus Name Horses Corral Price History
MLS# 116365 Current Price $135,000.00
Type Restaurant/Bar Sale Price  
Status Active Sale Date  
Taxes $3,840 (2010)    
Possession On Closing    
       
Business
Bus SubType RB: Bar/Tavern, RB: Night Club, RB: Pub Total Exp  
Gross Income   Tenant Exp  
Lease Terms   Expense Yr  
Items Included Real Estate and Business, Fixtures, Equipment, Furniture, Supplies, Franchise License
Business Docs Tax Bills, License-Beer/Wine, License-Liquor, License-Other
Property
Bedrooms 2 HVAC Central Air
Bathrooms 4 Fuel Natural Gas
Flooring Wood, Vinyl, Mixed, Carpeting Water City/Municipal
Construction   Sewer City Sewer
Exterior   Utilities  
Roofing Rubber Parking Street Only
Info/Permits/Restricts RE Condition Report
Exterior Features Inside Storage, Living Quarters, Sidewalks, Signs
Site Description Downtown, Inside Lot
Site Influence Level, Golf Nearby, Recreation Nearby, Shopping Nearby, Ski Hill Nearby, Snowmobiling Nearby, Easy Access, Faces South
Lot Lake
Lot Width (ft) 50 Lake Name NONE
Lot Depth (ft) 124 Lake Chain  
Lot Size (sqft) 6,200 Surface (ac)  
Lot Size (ac) 0.14 Lake Depth  
Road Ftg (ft) 50 Water Ftg (ft)  
Access Road State Hwy, City Street, Paved Road Shoreline  
Legal
Legal NCI Co. 2nd Addn. Blk. 1, Lot 9. Financing Land Contract
STR 24 46N 2E Zoning Commercial
Tax Comp# 236-0436-0000 Title Fee Simple
Directions From Hwy. 51 Silver St. West 1.5 Blocks To The Property On The Right.
Consumer Alert  
Listing Office Coldwell Banker Larson Realty 
Selling Office  
This listing information is provided to you by: The Greater Northwoods MLS
Jim Hantula Coldwell Banker Larson Realty
Agent:(715) 561-3355 Office: (715) 561-3355
jimhantula@centurytel.net http://www.cblarsonrealty.com
301 2nd Ave. South, Hurley
 
 
 

The above information is provided by members of the Greater Northwoods Multiple Listing Service and is believed to be reliable but should not be relied upon without verification. The Greater Northwoods MLS assumes no responsibility for its accuracy. Not intended to solicit already listed properties. Lake information was provided by Wisconsin Dept. of Natural Resources. State of Michigan lake information has been provided courtesy of the Michigan DNR, Institute for Fisheries Research, Ann Arbor, Michigan.