Skip To Content

220 W Wisconsin Street

Portage, WI 53901
  • $275,000
  • STATUS: Active
  • ON SITE: 1038 Days
  • ID#: 1912240
$275,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,656
    SQFT
  • $75
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Listing provided by Weichert, Realtors - Great Day Group: 608-356-0120

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.

Monthly Payment Calculator



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2024-04-19T09:25:27.923.
www.klodowskirealestate.com/homes/118455536
Print Image

220 W Wisconsin Street Portage, WI 53901

  • Price: $275,000
  • Status: Active
  • On Site: 1038 Days
  • ID#: 1912240
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,656
SQFT
$75
$/SQFT
Neighborhood:
Portage - C
County:
Columbia
Area:
Portage - C
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.
Exterior Features

Building Parking Offsite Exterior Brick Location Business districtNear Major Highway Roof All flatRubber/membrane Type RetailOfficeTavernApartment building

Interior Features

Ceiling Height Max 12 Ceiling Height Min 7 Commercial Features AlleyPrivate RestroomsResidential unit(s)Security system Heating Cooling RadiantCentral airWall AC Seating Capacity 51-75 persons Unit1 Gross Sq Ft 500

Property Features

Annual Operating Expenses 4300 Business Sale No City Town Or Village City County Quarter Columbia NW Fuel Natural gas Gross Operating Income 21900 Lease Only No Lease Type Month to month Licenses None Mailing City Portage Miscellaneous Internet - Cable Net Operating Income 17600 Net Taxes 2347 Occupancy Tenant(s) Present Use Apartment building Real Estate Sale Yes Sale Includes Options Source Sq Ft Assessor Tax Year 2020 Tenant Pays No expenses Terms Misc Seller may assist Unit1 Annual Rent Per Sq Ft 0 Water Waste Municipal waterMunicipal sewer Year Built Source Other Zoning B2

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Weichert, Realtors - Great Day Group: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2024-04-19T09:25:27.923.
 
https://bt-photos.global.ssl.fastly.net/madison/orig_boomver_1_1912240-2.jpg https://bt-photos.global.ssl.fastly.net/madison/orig_boomver_1_1912240-2.jpg https://bt-photos.global.ssl.fastly.net/madison/orig_boomver_1_1912240-2.jpg
Logo
Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by Weichert, Realtors - Great Day Group: 608-356-0120