220 W Wisconsin Street Active

Portage,WI 53901

$ 249000

- Bed

- Bath

3656 SqFt


Key Details

Property Type Commercial

Sub Type Retail,Office,Tavern,Apartment building

Listing Status Active

Purchase Type For Sale

Square Footage 3,656 sqft

Price per Sqft $68

MLS Listing ID 1912240

Annual Tax Amount $3,326

Tax Year 2024

Lot Size 3,092 Sqft

Acres 0.071

Property Sub-Type Retail,Office,Tavern,Apartment building

Property Description

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.

Location

State WI

County Columbia

Area Portage - C

Zoning B2

Direction Downtown Portage... From Hwy 33 take Hwy 16 South (Wisconsin St) property on right.

Interior

Heating Radiant,Central air,Wall AC

Cooling Radiant,Central air,Wall AC

Inclusions Each rental unit includes a range/oven and a refrigerator. Bar has some items that may be included with an offer.

Exterior

Parking Features Offsite

Roof Type All flat,Rubber/membrane

Building

Story 2

Water Municipal water,Municipal sewer

Structure Type Brick

Others

SqFt Source Assessor

Energy Description Natural gas

Acceptable Financing Seller may assist

Listing Terms Seller may assist

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