220 W Wisconsin St
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220 W Wisconsin St
3,656 SF Vacant Retail Building Portage, WI 53901 $376,830 CAD ($103 CAD/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
Building Size
3,656 SF
Year Built
1875
Price
$376,830 CAD
Price Per SF
$103 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.92
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
b2 - Business Use
Parking
4 Spaces (1.09 Spaces per 1,000 SF Leased)
Frontage
26 ft on West Wisconsin Street
Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
Parcel Number | 11271-1183 | Improvements Assessment | $147,953 CAD |
Land Assessment | $8,298 CAD | Total Assessment | $156,251 CAD |
PROPERTY TAXES
Parcel Number
11271-1183
Land Assessment
$8,298 CAD
Improvements Assessment
$147,953 CAD
Total Assessment
$156,251 CAD
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220 W Wisconsin St
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