501 Broad St $1,825,000


    501 Broad St Lake Geneva, WI 53147

    • 4,000 sq. ft.
    • 0.07 Acres
    • Commercial
    • MLS# 1651470
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    Views: 52 Days On Market: 308

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    Property Details

    MEDUSA GRILL & BISTRO! Fantastic downtown Lake Geneva opportunity with this well established Restaurant & bar. Medusa Grill & Bistro has been a highly regarded restaurant in Lake Geneva for the past 10 years. Turn key operation. 80 person seating capacity. This large building also boasts three apartments above the restaurant/bar that have a 5 star rental record and are currently booked for the next 3 months.

    • General Features
      • Tax Year 2018
      • Total Taxes $7,652
      • Directions Corner of Broad and Dodge Street
      • Total SqFt. 4,000
      • County WALWORTH
    • Building Features
      • Basement Full
      • Commercial Ceiliing Height 8 - 10 feet
      • Roofing Tar/Gravel
      • Heaing/Cooling Wall/Sleeve Air
      • Exterior Brick, Brick/Stone
      • Commercial Features Expenses Include: Utilities, 220 Volts, Carpeting, Display Window, Living Space, Offices, Restroom(s), Security Equipment, Security Lighting
      • Estimated Age Range 21+
    • Property Features
      • Heat Fuel Electric, Natural Gas
      • Water Waste Municipal Sewer, Municipal Water
      • Parking Paved Lot



    53147 (Lake Geneva) Demographics

    43 Median Age
    233 Population Density (per sq. mile)
    40% College Educated
    $53,965 Estimated Median Income
    4,490 Estimated Total Home Owners
    2,278 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,579 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $271,000 Median Sales Price
    26 Homes Sold
    51 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,825,000
        1/3/2020 5:46:34 PM Price Increased Source New Value: $1,825,000 1.39%
        7/31/2019 10:46:00 PM New in Database Source New Value: $1,800,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.