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220 W Wisconsin St

3,656 SF Vacant Retail Building Portage, WI 53901 £207,574 (£57/SF)

Investment Highlights

  • First floor retail with second floor apartments
  • Previously a bar so can be used as a restaurant/bar or as a retail space.

Executive Summary

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. The 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.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,656 SF
Year Built
1875
Price
£207,574
Price Per SF
£57
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Building FAR
0.92
Lot Size
0.09 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
b2 - Business Use
Parking
4 Spaces (1.09 Spaces per 1,000 SF Leased)
Frontage
26 ft on West Wisconsin Street
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Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 11271-1183 Improvements Assessment £82,403
Land Assessment £4,621 Total Assessment £87,025

PROPERTY TAXES

Parcel Number
11271-1183
Land Assessment
£4,621
Improvements Assessment
£82,403
Total Assessment
£87,025
(800) 401-0486

Contact

  • Listing ID: 25921321

  • Date on Market: 13/06/2022

  • Last Updated:

  • Address: 220 W Wisconsin St, Portage, WI 53901

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© 2024 CoStar Group

220 W Wisconsin St
(800) 401-0486 x

220 W Wisconsin St

Mike Weyh

(800) 401-0486

(800) 401-0486

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