My notes for this property


Add listing to my favorites (required)
Active
$525,000
/mo Edit
Commercial:  Business Opportunity
Built 1882
0.6 acres
Cumberland schools
MLS# 6523096
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    The Historic TOWER HOUSE is on the market! This Victorian Queen Anne Style Home was built in 1882 and is one of Cumberland's biggest treasures! For 65 years The Tower House was operated as a Fine Dining Restaurant. It is now operating as an Elegant Tavern. The establishment holds a Class B Strong Alcohol and Beer license that is transferable to the new owner if they so desire. The Main Level Includes a large 36’ x 20’ Kitchen Area which includes the following. 12’ Commercial Hood, Fire Suppression System, Makeup Air System w/ Natural Gas Heat, Walk in Cooler and Freezer. This property would lend itself well for many possibilities including the following. Upscale Supper Club, Steak & Seafood House, Specialty Dining Venues, Victorian B&B with possibles of having 10+ Bedrooms, Mixed use Commercial-Residential uses could include Main Floor Shops Antiques, Specialty Niche, Furniture, Art, Jewelry, Tattoo Studio etc. or Professional Office Suites. Live in or rent out the other stories.

    Listing

    Contingency: None
    City: Cumberland
    County: Barron
    State: WI
    Property Style: Business Opportunity
    Zip Code: 54829
    Subdivision Name: Griggs Foster & Millers Add

    Interior

    Ceiling Height: 8-10
    Ranges: None
    Refrigerators: None
    Appliances Included:
    • Exhaust Fan
    • Freezer
    • Water Softener Owned
    Basement Details:
    • Block
    • Full
    • Partially Finished
    • Stone/Rock

    Exterior

    Stories: Three Or More
    Garage Spaces: 2
    Garage Dimensions: 26x32
    Garage Size: 832 ft2
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 3,311 ft2
    Foundation Dimensions: 37x42+20x36
    Handicap Accessible: Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Paved
    Shared Amenities: Patio
    Unit Amenities:
    • Balcony
    • Patio
    Road Frontage:
    • City Street
    • Highway
    Exterior Material:
    • Brick/Stone
    • Fiber Cement
    • Metal Siding
    • Wood Siding
    Roof Details: Metal

    Lake & Waterfront

    Waterfront View: Lake

    Lot & Land

    Acres: 0.6
    Geolocation: 45.536148, -92.022074
    Inclusions: Building, Land, Liquor License
    Lot Dimensions: 126 x 200
    Zoning: Business/Commercial
    Lot Description:
    • Irregular Lot
    • Tree Coverage - Medium

    Schools

    School District: 1260
    District Phone: 715-822-4611

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $6,061
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,061

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Bar/Tavern
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.