220 W Wisconsin Street Portage WI 53901 $275,000

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  • Commercial/Business
  • Status: Active
  • County: Columbia
  • Est. Square Footage: 3,656
  • Acreage: 0.06
  • Property Taxes: $2,347
  • Property Tax Year: 2020
  • MLS#: 1912240
  • Listing Company: Weichert, Realtors - Great Day Group
  • Zip Code: null
  • Number of Units: 4

220 W Wisconsin Street Portage WI 53901 - 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.

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Listed by Weichert, Realtors - Great Day Group