137-147 Main Street North, Amherst, WI
$177,500
3,503
Square feet
About 137-147 Main Street North
******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!
Features of 137-147 Main Street North
| MLS® # | 22400955 |
|---|---|
| Price | $177,500 |
| Square Footage | 3,503 |
| Acres | 0.00 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | For Sale |
| Status | Active |
Community Information
| Address | 137-147 Main Street North |
|---|---|
| Area | Stevens Point |
| City | Amherst |
| County | Portage |
| State | WI |
| Zip Code | 54406 |
Amenities
| Parking | Street Parking |
|---|---|
| Is Waterfront | Yes |
Interior
| Heating | Forced Air |
|---|---|
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Roof | Metal, Membrane/Rubber |
|---|---|
| Construction | Vinyl, Other |
Additional Information
| Date Listed | March 22nd, 2024 |
|---|---|
| Zoning | Commercial |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $1 |
| Tax Year | 2023 |
| Agent | Team Kitowski |
| Office | KPR BROKERS, LLC |
Listing Details
| Office | KPR BROKERS, LLC |
|---|---|
| Contact Info | Cell: 715-598-6367 |