301 DeWitt Street, Portage, WI 53901
301 DeWitt Street, Portage, WI 53901
301 DeWitt Street, Portage, WI 53901
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$624,900
Est. payment /mo
7,166 SqFt
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Key Details

Property Type Commercial

Sub Type Restaurant/Supper Club,Apartment building,Tavern/Bar

Listing Status Active

Purchase Type For Sale

Square Footage 7,166 sqft

Price per Sqft $87

MLS Listing ID 2022013

Year Built 1873

Annual Tax Amount $7,051

Tax Year 2025

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Restaurant/Supper Club,Apartment building,Tavern/Bar

Property Description

RARE cash flow opportunity located on one of the BUSIEST traffic corners in this little American treasure of a town. This is the one to BUY RIGHT and build long term wealth, current INCOME total is $5675 per month. Three upper apartments are currently rented out at under market pricing so room for upswing is spot on! NO VACANCY. Apartments are in top notch condition and have been nicely updated using quality labor and materials. Newer metal roof and two brand new rooftop AC units. Main floor space (highly visible) is currently being leased as restaurant space for $2550 per month. Actual capacity in the restaurant is 99, and current lease is a 5 year lease.

Location

State WI

County Columbia

Zoning Commercial

Rooms

Basement Full, Poured Concrete

Interior

Heating Natural Gas

Cooling Forced Air, Central Air

Inclusions Three refrigerators, three stoves, three dishwashers, three washers, three dryers

Exterior

Roof Type Metal,Flat,Rubber/Membrane

Building

Story 2

Sewer Municipal Water, Municipal Sewer

New Construction N


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Listed by First Weber Inc

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Jacob Ballweg
Jacob Ballweg

Broker | License ID: 57699-90

+1(920) 219-2168 | [email protected]

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301 DeWitt Street