220 W Wisconsin St - Storefront Retail/Residential FOR SALE


Portage, WI 53901
$260,000 USD
800-401-0486
220 W Wisconsin St, Portage, WI for Sale
$260,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

220 W Wisconsin St
Portage, WI 53901


HIGHLIGHTS

  • First floor retail with second floor apartments
  • Previously a bar so can be used as a restaurant/bar or as a retail space.

OVERVIEW

Income based on Rentals only. Excellent investment opportunity. Keep it as Bar, (closed since 11/2019) Put in a retail shop, Hair salon. It has plenty of sq. footage for office spaces. Restaurant? Opportunities are endless. While you are taking your time for that perfect idea, collect over Twenty Thousand Dollars per year in rent from the 3 apartments. With a nice down payment with today's mortgage rates your payments could be less than the income from the apartments alone. The entire building is heated by radiant heat. The boiler is newer. The roof in the back is newer and the front is still in good condition. Seller's have owned property for 30 years. Measurements should be verified if important to buyer.

FOR SALE DETAILS

PRICE

$260,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,984 SF

ZONING

b2

APN/PARCEL ID

11271-1183

ASK ABOUT THIS PROPERTY

Mike WeyhWeichert Great Day GroupMore Info
800-401-0486

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Mike WeyhWeichert Great Day GroupMore Info
800-401-0486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.