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In-PersonVirtual Tour
$ 177,500
Est. payment | /mo
3,503 SqFt
$ 177,500
Est. payment | /mo
3,503 SqFt
Key Details
Property Type Commercial
Sub Type Retail,Restaurant/Supper Club,Office(s),Mixed use
Listing Status Active
Purchase Type For Sale
Square Footage 3,503 sqft
Price per Sqft $50
MLS Listing ID 22400955
Year Built 1900
Annual Tax Amount $1,487
Tax Year 2023
Property Sub-Type Retail,Restaurant/Supper Club,Office(s),Mixed use
Property Description
******Attention Investors****** Completely rented commercial building looking for a new owner! All long term tenants. 2 Commercial spaces on the lower level and 2 apartment spaces upstairs. Location is right on Main St in business area of downtown Amherst. The leases have been recently updated with escalations, and current cap rates are the most attractive in the business. This property will cash flow with little money down. This is a great opportunity to get one of those long sought after "Deals" that are so rare to find. 4 units total with the cap rate over 10% is like an unheard of investment opportunity in todays climate! Amazing rental history and a well maintained property!
Location
State WI
County Portage
Zoning Commercial
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Vinyl, Other
Roof Type Metal,Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
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