5717 SHERIDAN RD. KENOSHA, WI

Mangia Wine Bar

$499,000

Opened in 1988 Mangia was an iconic restaurant featuring classic Italian dishes and pizza from their wood burning brick oven. Founded by the Mantuano family and led by James Beard Award Winner Tony Mantuano who created culinary magic for Mangia guests. The property adjoins the new Stella Hotel and Ball-room. A redevelopment of the former Elks Club with an 80 room boutique hotel and 7,000 sq. ft. of event space. This is an incredible opportunity to acquire a full service restaurant and bar with patio that includes furniture, fixtures and equipment.

Price: $499,000

Parcels: 12-223-31-466-005 12-223-31-466-006

Buildings: 3,867 sf total

Seating: 90 dining room

32 bar room

40 patio

Restrooms: 3 unisex

Heating: 3 GFA RTU

FF&E: included—see list

RE Taxes: $13,234.55

Year built: 1936 & 1938

Zoned: B-3 Central Bus. Dist.

AADT: 19,400 cars

Mark S. Bourque 262.945.1100

mark@epicmidwest.com Berkshire Hathaway Epic Real Estate

6040 39th Ave Ste. 4 Information contained herein has been obtained from various sources and is for general informational purposes only. We make no representation or warranty as to the accuracy of the information. Buyers should personally verify same or have confirmed by a qualified expert.

WISCONSIN REALTORS® ASSOCIATION

4801 Forest Run Road, Madison, WI 53704

DISCLOSURE TO NON-RESIDENTIAL CUSTOMERS

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Prior to negotiating on your behalf the brokerage firm, or an agent associated with the firm, must provide you the

DISCLOSURE TO CUSTOMERS

CONFIDENTIAL INFORMATION:

NON-CONFIDENTIAL INFORMATION (the following information may be disclosed by the Firm and its Agents):

No representation is made as to the legal validity of any provision or the adequacy of any provision in any specific transaction.Drafted by Attorney Debra Peterson Conrad

Phone: Fax:

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Effective July 1, 2016

following disclosure statement:

You are a customer of the brokerage firm (hereinafter Firm). The Firm is either an agent

of another party in the transaction or a subagent of another firm that is the agent of another party in the transaction. Abroker or a salesperson acting on behalf of the Firm may provide brokerage services to you. Whenever the Firm isproviding brokerage services to you, the Firm and its brokers and salespersons (hereinafter Agents) owe you, thecustomer, the following duties:(a) The duty to provide brokerage services to you fairly and honestly.(b) The duty to exercise reasonable skill and care in providing brokerage services to you.(c) The duty to provide you with accurate information about market conditions within a reasonable time if you request

it, unless disclosure of the information is prohibited by law.(d) The duty to disclose to you in writing certain Material Adverse Facts about a property, unless disclosure of the

information is prohibited by law (see lines 42-51).(e) The duty to protect your confidentiality. Unless the law requires it, the Firm and its Agents will not disclose your

confidential information or the confidential information of other parties (see lines 23-41).(f) The duty to safeguard trust funds and other property held by the Firm or its Agents.(g) The duty, when negotiating, to present contract proposals in an objective and unbiased manner and disclose the

advantages and disadvantages of the proposals.Please review this information carefully. An Agent of the Firm can answer your questions about brokerage services,

but if you need legal advice, tax advice, or a professional home inspection, contact an attorney, tax advisor, or homeinspector. This disclosure is required by section 452.135 of the Wisconsin statutes and is for information only. It is aplain-language summary of the duties owed to a customer under section 452.133(1) of the Wisconsin statutes.

CONFIDENTIALITY NOTICE TO CUSTOMERS The Firm and its Agents will keep confidential any information given to the

Firm or its Agents in confidence, or any information obtained by the Firm and its Agents that a reasonable personwould want to be kept confidential, unless the information must be disclosed by law or you authorize the Firm todisclose particular information. The Firm and its Agents shall continue to keep the information confidential after theFirm is no longer providing brokerage services to you.

The following information is required to be disclosed by law:1. Material Adverse Facts, as defined in Wis. Stat. § 452.01(5g) (see lines 42-51).2. Any facts known by the Firm or its Agents that contradict any information included in a written inspectionreport on the property or real estate that is the subject of the transaction.

To ensure that the Firm and its Agents are aware of what specific information you consider confidential, you maylist that information below (see lines 35-41) or provide that information to the Firm or its Agents by other means. At alater time, you may also provide the Firm or its Agents with other Information you consider to be confidential.

(Insert information you authorize to be disclosed, such as financial qualification information.)

DEFINITION OF MATERIAL ADVERSE FACTS

A "Material Adverse Fact" is defined in Wis. Stat. § 452.01(5g) as an Adverse Fact that a party indicates is of suchsignificance, or that is generally recognized by a competent licensee as being of such significance to a reasonableparty, that it affects or would affect the party's decision to enter into a contract or agreement concerning a transactionor affects or would affect the party's decision about the terms of such a contract or agreement.

An "Adverse Fact" is defined in Wis. Stat. § 452.01(1e) as a condition or occurrence that a competent licenseegenerally recognizes will significantly and adversely affect the value of the property, significantly reduce the structuralintegrity of improvements to real estate, or present a significant health risk to occupants of the property; or informationthat indicates that a party to a transaction is not able to or does not intend to meet his or her obligations under acontract or agreement made concerning the transaction.

NOTICE ABOUT SEX OFFENDER REGISTRY You may obtain information about the sex offender registry and persons

registered with the registry by contacting the Wisconsin Department of Corrections on the Internet athttp://www.doc.wi.gov or by telephone at 608-240-5830.

Copyright © 2016 by Wisconsin REALTORS® Association

Berkshire Hathaway Epic Real Estate

Berkshire Hathaway Epic Real Estate, 6040 39th Ave Ste 4 Kenosha, WI 53142 (262)605-1505 CityMark Bourque

Notes:Mangia Wine Bar

Print

Map dims for landscape printing

Map data ©2018 GoogleReport a map error2 km 

Milwaukee35 miles North

Chicago50 miles South

1 inch = 26 feet

DISCLAIMER This ma p is neither a lega lly recorded map nor a survey an d is not intended to be used as one. This draw ing is a compilation of records, data an d information loca ted in var iou s state, county and mun icip al offices and other sources affecting the area shown and is to be used for refe rence purpose s only. Kenosha County is not resp onsible for a ny inaccuracie s herein con tained . If discrep ancies are fo und, please conta ct Kenosha County.

Mangia's

¨Date Printed: 4/28/2018

KENOSHA COUNTY INTERACTIVE MAPPING

1 inch = 26 feet

DISCLAIMER This ma p is neither a lega lly recorded map nor a survey an d is not intended to be used as one. This draw ing is a compilation of records, data an d information loca ted in var iou s state, county and mun icip al offices and other sources affecting the area shown and is to be used for refe rence purpose s only. Kenosha County is not resp onsible for a ny inaccuracie s herein con tained . If discrep ancies are fo und, please conta ct Kenosha County.

Mangia's

¨Date Printed: 4/28/2018

KENOSHA COUNTY INTERACTIVE MAPPING

4/28/2018

1/2

48004800

1940019400

Map data ©2018 Google

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ANNUAL AVERAGE DAILY TRAFFIC

SUBJECT

Kenosha County Property InformationWeb Portal - Property Summary

Property: 12-223-31-466-005

Report-/Print engine List & Label ® Version 19: Copyright combit® GmbH

1991-2013

Tax Year Prop Type Parcel Number Municipality Property Address Billing Address

2018 Real Estate 12-223-31-466-

005241 - CITY OFKENOSHA 5717 SHERIDAN RD

MANGIA PROPERTIESLLC 5717 SHERIDAN RD KENOSHA WI 53140

Tax Year Legend: = owes prior year taxes = not assessed = not taxed Delinquent Current

Summary

Property SummaryParcel #: 12-223-31-466-005Alt. Parcel #:Parcel Status: Current DescriptionCreation Date: 1/1/1994Historical Date:Acres: 0.110Zoning:Frontage: 51.000Depth: 97.500

Property AddressesPrimary Address

Owners

Parent Parcels

Child Parcels

Legal DescriptionS 51 FT OF W 128 FT OF LOT 2 EXC W 30 1/2 FT B 40 BEING PT OF SE 1/4 SEC 31 T 2 R 23 V 1389 P 992 V 1657 P 43 DOC#1325060

Public Land Survey - Property Descriptions

District

5717 SHERIDAN RD KENOSHA 53140

Name Status Ownership Type InterestCURRENT OWNERMANGIA PROPERTIES LLC

No Parent Parcels were found

No Child Parcels were found

Primary Section Town RangeQtr 40Qtr 160Gov Lot Block/Condo BldgType # Plat

31 02N 23 E SE 0066 N/

A 5 ORIGINAL TOWN OF SOUTHPORT (SE 1/431-2-23)

Code Description Category

GIS Map

Map Option: Default Map

Building Information

Buildings

1936 Year Built, 2205 SQ FT, 1.0 Number of Stories

Assessments

Assessment SummaryEstimated Fair Market Value: 0Assessment Ratio: 0.0000Legal Acres: 0.110

2018 valuationsClass Acres Land Improvements TotalG2 - COMMERCIAL 0.110 19900 232000 251900ALL CLASSES 0.110 19900 232000 251900

2017 valuationsClass Acres Land Improvements TotalG2 - COMMERCIAL 0.110 19900 232000 251900

KENOSHA COUNTY OTHER DISTRICTLOCAL OTHER DISTRICTSTATE OF WISCONSIN OTHER DISTRICTKENOSHA UNIF SCHOOL DIST REGULAR SCHOOLGATEWAY TECHNICAL COLLEGE TECHNICAL COLLEGE

27930600

FeaturesType Value Unit of MeasureYear Built 1936Total Area 2205 SQ FTNumber of Stories 1.0

Kenosha County Property InformationWeb Portal - Property Summary

Property: 12-223-31-466-006

Report-/Print engine List & Label ® Version 19: Copyright combit® GmbH

1991-2013

Tax Year Prop Type Parcel Number Municipality Property Address Billing Address

2018 Real Estate 12-223-31-466-

006241 - CITY OFKENOSHA 5725 SHERIDAN RD

MANGIA PROPERTIESLLC 5717 SHERIDAN RD KENOSHA WI 53140

Tax Year Legend: = owes prior year taxes = not assessed = not taxed Delinquent Current

Summary

Property SummaryParcel #: 12-223-31-466-006Alt. Parcel #:Parcel Status: Current DescriptionCreation Date: 1/1/1994Historical Date:Acres: 0.100Zoning:Frontage: 53.500Depth: 82.500

Property AddressesPrimary Address

Owners

Parent Parcels

Child Parcels

Legal DescriptionSE 1/4 SEC 31 T 2 R 23 BLK 40 E 53 1/2 FT OF W 84 FT OF LOT 3 EXCEPT S 16 1/2 FT FOR STREET V 1380 P 733 V 1657 P 43 DOC#1325060

Public Land Survey - Property Descriptions

District

5725 SHERIDAN RD KENOSHA 53140

Name Status Ownership Type InterestCURRENT OWNERMANGIA PROPERTIES LLC

No Parent Parcels were found

No Child Parcels were found

Primary Section Town RangeQtr 40Qtr 160Gov Lot Block/Condo BldgType # Plat

31 02N 23 E SE 0066 N/

A 6 ORIGINAL TOWN OF SOUTHPORT (SE 1/431-2-23)

Code Description Category

GIS Map

Map Option: Default Map

Building Information

Buildings

1938 Year Built, 1662 SQ FT, 1.0 Number of Stories

Assessments

Assessment SummaryEstimated Fair Market Value: 0Assessment Ratio: 0.0000Legal Acres: 0.100

2018 valuationsClass Acres Land Improvements TotalG2 - COMMERCIAL 0.100 17700 174800 192500ALL CLASSES 0.100 17700 174800 192500

2017 valuationsClass Acres Land Improvements TotalG2 - COMMERCIAL 0.100 17700 174800 192500

KENOSHA COUNTY OTHER DISTRICTLOCAL OTHER DISTRICTSTATE OF WISCONSIN OTHER DISTRICTKENOSHA UNIF SCHOOL DIST REGULAR SCHOOLGATEWAY TECHNICAL COLLEGE TECHNICAL COLLEGE

27930600

FeaturesType Value Unit of MeasureYear Built 1938Total Area 1662 SQ FTNumber of Stories 1.0

-

100%

0 SF

-

3,484 SF

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Building Type:

RestaurantSecondary:

Radius 1 Mile 3 Mile 5 Mile

Population

2022 Projection 15,322 79,894 110,852

2017 Estimate 15,472 79,346 109,994

2010 Census 16,740 79,204 109,306

Growth 2017 - 2022 -0.97% 0.69% 0.78%

Growth 2010 - 2017 -7.57% 0.18% 0.63%

2017 Population by Hispanic Origin 4,483 14,915 18,055

2017 Population 15,472 79,346 109,994

White 10,997 71.08% 65,864 83.01% 92,657 84.24%

Black 3,354 21.68% 9,010 11.36% 11,142 10.13%

Am. Indian & Alaskan 264 1.71% 886 1.12% 1,024 0.93%

Asian 157 1.01% 838 1.06% 1,592 1.45%

Hawaiian & Pacific Island 23 0.15% 101 0.13% 134 0.12%

Other 677 4.38% 2,648 3.34% 3,445 3.13%

U.S. Armed Forces 49 162 223

Households

2022 Projection 5,625 30,327 42,265

2017 Estimate 5,681 30,104 41,921

2010 Census 6,157 29,967 41,561

Growth 2017 - 2022 -0.99% 0.74% 0.82%

Growth 2010 - 2017 -7.73% 0.46% 0.87%

Owner Occupied 2,052 36.12% 18,108 60.15% 25,685 61.27%

Renter Occupied 3,629 63.88% 11,996 39.85% 16,236 38.73%

2017 Households by HH Income 5,680 30,105 41,920

Income: <$25,000 2,146 37.78% 7,297 24.24% 9,259 22.09%

Income: $25,000 - $50,000 1,557 27.41% 8,242 27.38% 10,858 25.90%

Income: $50,000 - $75,000 990 17.43% 5,814 19.31% 7,991 19.06%

Income: $75,000 - $100,000 411 7.24% 4,109 13.65% 5,661 13.50%

Income: $100,000 - $125,000 230 4.05% 2,562 8.51% 4,002 9.55%

Income: $125,000 - $150,000 118 2.08% 730 2.42% 1,405 3.35%

Income: $150,000 - $200,000 47 0.83% 742 2.46% 1,604 3.83%

Income: $200,000+ 181 3.19% 609 2.02% 1,140 2.72%

2017 Avg Household Income $51,159 $60,876 $66,751

2017 Med Household Income $34,558 $48,083 $52,138

Demographic Summary Report

5717-5725 Sheridan Rd, Kenosha, WI 53140

Copyrighted report licensed to Berkshire Hathaway Epic Real Estate - 206817.4/28/2018

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