Excellent income property for sale in Portage. Perfect location and the exposure is unbelievable. Over 12,000 cars drive by this building everyday. There are four rental units in the building. There are three upstairs apartments and one main level area currently being used as a popular restaurant. The building has never had any vacancies. This is a family owned building that has been very well maintained and updated over the years. The current owners purchased the building in 1998. They take pride in ownership. You will see when you walk through. Call today to set up a private showing with the owner. The annual rent for all four units is $48,000. This is an investors dream property.
11,454 sq. ft
Restaurant/Supper Club,Apartment building
- Other. .
- Additional Interior Features
- Private Restrooms,Shared Restrooms,Residential unit(s),Signage available,Display window,Security system,Inside storage,Security lighting
Exterior / Lot Features
- Additional Exterior/Lot Features
- Business district,Corner,Near Major Highway.
The fourth rental unit is the restaurant area (3,818) The rent for the restaurant is $1,550 monthly. The owner has indicated that the unit is currently being under rented. Other buildings in Portage that are approximately the same size rent for 2-4 times
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Source: wiscen - Realtor Assoc of South Central Wisconsin