Description
"Excellent investment opportunity with this pre-inspected commercial building featuring 4 retail spaces and 6 fully leased apartments above. Located on Main Street in a thriving small town, this property offers strong visibility, steady rental income, and long-term potential in a prime location. Coin operated laundry available for tenants. New roof at $90,000 in 2022, all electrical replaced within the last 7 yrs. Cash flow is $4,500 per month.
Interior Details
- Above Grade Finished Area11,108 SqFt
- Appliances IncludedDryer, Oven, Range, Refrigerator, Washer
- BasementFull, Partial
- Below Grade Finished Area1,388 SqFt
- Below Grade Unfinished Area4,165 SqFt
- Building Area Total16,661 SqFt
- CoolingCentral Air, Wall Unit(s)
- ElectricCircuit Breakers
- FoundationBlock
- HeatingBaseboard, Forced Air
- Interior FeaturesCeiling Fan(s)
- Living Area12,496 SqFt
Exterior Details
- ConstructionBrick
- Lot Size0.23 Acres
- ParkingAsphalt, Driveway
- SewerPublic Sewer
- StyleMultiplex
- Water SourcePublic
Property Details
- 2024 Taxes$5,592
- CountyChippewa
- Number of Units10
- PossessionSubject To Tenant Rights
- Property SubtypeMulti Family
- School DistrictCadott Community
- StatusActive
- TownshipVillage of Cadott
- Unit Number1-10
- Year Built1965
- ZoningCommercial
Ready to Take a Look?
Just give us a call and we would be happy to set up a showing!
Call (715) 318-5141 Today!