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Listing Details

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MLS #
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School Ratings & Info

Listing courtesy of Weichert, Realtors - Great Day Group

Description

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 Eighteen Thousand Dollars per year in rent from the 3 apartments. Put 20% down on this property and with today's mortgage your payments will 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 stilling in good condition. Seller's Father owned property for 29 years. You do not stay with something that long unless you are successful. Grab this while you can. Measurements should be verified if important to buyer.

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© 2021 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2021-09-20T13:41:53.68.
www.hometeam4u.com/homes/118455536
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220 W Wisconsin St Portage, WI 53901

  • Price: $275,000
  • Status: Active
  • Updated: 36 min ago
  • ID#: 1912240
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,656
SQFT
$75
$/SQFT
Neighborhood:
Portage - C
County:
Columbia
Area:
Portage - C
Property Description
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 Eighteen Thousand Dollars per year in rent from the 3 apartments. Put 20% down on this property and with today's mortgage your payments will 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 stilling in good condition. Seller's Father owned property for 29 years. You do not stay with something that long unless you are successful. Grab this while you can. Measurements should be verified if important to buyer.
Exterior Features

Building Parking Offsite Exterior Brick Location Business DistrictNear Major Highway Roof All FlatRubber/Membrane Type RetailOfficeTavernApartment Building

Interior Features

Ceiling Height Max 12 Ceiling Height Min 7 Commercial Features AlleyPrivate RestroomsResidential Unit(S)Security System Heating Cooling RadiantCentral AirWall Ac Seating Capacity 51-75 Persons Unit1 Gross Sq Ft 500

Property Features

Business Sale No City Town Or Village City County Quarter Columbia Nw Fuel Natural Gas Lease Only No Lease Type Month To Month Licenses None Mailing City Portage Miscellaneous Internet - Cable Net Taxes 2347 Occupancy Tenant(S) Present Use Apartment Building Real Estate Sale Yes Sale Includes Options Source Sq Ft Assessor Tax Year 2020 Tenant Pays No Expenses Terms Misc Seller May Assist Unit1 Annual Rent Per Sq Ft 0 Water Waste Municipal WaterMunicipal Sewer Year Built Source Other Zoning B2

Listing information © 2021 South Central Wisconsin MLS.
Listing provided courtesy of Weichert, Realtors - Great Day Group.



© 2021 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2021-09-20T13:41:53.68.
 
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HomeTeam4u | Stark Company Realtors
1625 W Main Street
Sun Prairie WI, 53590
Listing courtesy of Weichert, Realtors - Great Day Group