538 1st St, New Glarus WI 53574 $199,000

538 1st St, New Glarus 0 Acres $199,000 Active

  • Commercial/Business
  • Status: Active
  • County: Green
  • Est. Square Footage: 3,500
  • Acreage: 0.057
  • Property Taxes: $4,723
  • Property Tax Year: 2019
  • MLS#: 1895102
  • Listing Company: Restaino & Associates Era Powered

538 1st St, New Glarus, WI 53574 - Looking for an investment with good income potential and long term tenants? One of New Glarus' Downtown Historic Landmarks is for sale! Stately brick building is ready for new owners after 50 years of ownership. The property is currently fully rented. Main level has a retail space holds tall display windows, tall ceilings, small office, work area with access to basement, and balcony. Upstairs is a 1bdrm apartment with bonus room (seller renting as 2bdrm) that has a bright feeling and tall ceilings as well as an efficiency apartment. Property is designated on the Historic Registry. Priced to sell! Property is in need of repairs, Seller will not make repairs. Come check this one out to see if it's a good fit for your investment portfolio! Business is not for sale.

Additional Features
  • Other foundation
  • Heating/Cooling: Radiant, Window AC
  • Water Waste: Municipal sewer, Municipal water
  • Apartment building, Grocery, Retail
  • Roof: Rubber/membrane
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1895102 Nov 18 2020 8:46AM $199,000 $239,000 63
1895102 Active Oct 3 2020 12:47PM $239,000 63

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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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