297 E Main St, Reedsburg, WI 53959 $425,000

297 E Main St, Reedsburg 0 Acres $425,000 Active

  • Commercial/Business
  • Status: Active
  • County: Sauk
  • Est. Square Footage: 10,720
  • Acreage: 0.13
  • Property Taxes: $6,695
  • Property Tax Year: 2020
  • MLS#: 1913341
  • Listing Company: First Weber Inc

297 E Main St, Reedsburg, WI 53959 - The "anchors" of the active and vibrant downtown Main St Reedsburg retail area are being offered for sale. Peggy's Boutique (formerly a jewelry store) and the Hallmark Gold Crown stores total approximately 4500 sq ft of first floor, first rate retail space. This space which is divided into a 1700 sq ft space and a 2800 sq ft space is or will be vacant and is being offered for lease at $10/sq ft. There is a full dry basement under the first floor for storage. On the second floor are 4 individual apartments fully rented that produce $31,500 of additional annual income. This property has the potential to be an excellent investment especially for someone who can utilize some or all of the first floor retail space. The building has been well cared for and is in "move in" condition.

Additional Features
  • Full
  • Heating/Cooling: Central air, Forced air, Other
  • Water Waste: Municipal sewer, Municipal water
  • Apartment building, 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
1913341 Active Jun 30 2021 2:49PM $425,000 28

Estimated Monthly Payment

$3,287 per month
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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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