Portage, WI 53901 220 W Wisconsin Street

$260,000

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  • MLS# 1912240
  • 06/17/2021
  • Request Tour
  • Request Info
Presented By: Weichert, Realtors - Great Day Group;
  • SQFT • 3,656

Home Details

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. 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. Operating income does not include potential income from the retail space.
Presented By: Weichert, Realtors - Great Day Group;

Interior Features for 220 W Wisconsin Street

Other Interior Features

Ceiling Height Max12
Ceiling Height Min7
Heating/CoolingRadiant, Central air, Wall AC
Seating Capacity51-75 persons
Stories2
Total Number of Units4
U2 Lease Type1 yr

General for 220 W Wisconsin Street

CityPortage
ClassBusiness/Comm
CountyColumbia
County Qtr SectionColumbia NW
DOM1319
DirectionsDowntown Portage... From Hwy 33 take Hwy 16 South (Wisconsin St) property on right.
Expenses4300
FeaturesAlley, Private Restrooms, Residential unit(s), Security system
FuelNatural gas
Gross Income22800
Items IncludedEach rental unit includes a range/oven and a refrigerator. Bar has some items that may be included with an offer.
Lease TypeMonth to month
LocationBusiness district, Near Major Highway
MiscellaneousInternet - Cable
Net Income18500
OccupancyTenant(s)
Present UseApartment building
Price Per Sq Ft Total AG71.12
RoofAll flat, Rubber/membrane
StatusActive
Status Detail0
Tax Year2020
Tenant PaysNo expenses
Year Built999
ZoningB2

Exterior for 220 W Wisconsin Street

ExteriorBrick
Lot Size Area0.06
Street Frontage54
Water/WasteMunicipal water, Municipal sewer

Additional Details

Price History

Darcia Nofsinger

Price $260,000
MLS#1912240
List Date 06/17/2021
Property Type Business Op
Phone 608.330.1602
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