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Key Details
Sold Price $280,000
Property Type Commercial
Sub Type Retail,Restaurant/Supper Club,Apartment building,Office(s),Service,Tavern/Bar,Recreation/Health Club
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $80
MLS Listing ID 1992662
Sold Date 03/28/25
Annual Tax Amount $2,275
Tax Year 2024
Lot Size 2,874 Sqft
Acres 0.066
Property Sub-Type Retail,Restaurant/Supper Club,Apartment building,Office(s),Service,Tavern/Bar,Recreation/Health Club
Property Description
Remarkable and rare investment opportunity in the City of Presidents. This visible 2 story building is located on well-travelled main street on a corner lot with plenty of exposure and a private parking area. Property is fully rented and ready for a new owner to enjoy the benefits of real estate investing and ownership. Nice diversification of commercial and residential. Popular restaurant franchise tenant main level with 2, 2-BR rented apartments on the upper level with laundry hookups. All brick building with aprox 6 year old roof. Outside basement access to allow for additional storage. Annual net income of $27,525 after taxes and ins costs. Tenants pay all utilities. Franchise is not included or for sale. Owner of the property is a licensed Real Estate Agent. Buyers to be preapproved
Location
State WI
County Grant
Zoning commercial
Rooms
Basement Full, Walk Out/Outer Door, Poured Concrete
Interior
Heating Natural Gas, Electric
Cooling Forced Air, Radiant, Central Air
Equipment Window A/C
Exterior
Roof Type Rubber/Membrane
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
Special Listing Condition Arms Length
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