Property Description for 201 S Main St, Jefferson, WI 53549
Prime location in beautiful downtown Jefferson just a block from Rotary Park, this property offers two commercial spaces on the main level plus eight apartments upstairs. All apartments are occupied and easy to rent. Apartments have unique layouts and distinctive features such as skylights, tin ceilings and exposed brick. The commercial tenant, an employment group is leased through July of 2021. This tenant pays all utilities including water, waste, gas and electric. The other commercial tenant was a cafe and restaurant but is currently available for an owner occupant who wants to offset expenses with income from the other units. Per seller, new roof in 2017 and projected gross annual income of $65,000. Very attractive building with 66 feet of Main St. frontage.
- Present Use: Apartment building, Office, Service
- Total Operating Expense: $0
- Gross Sales: $0
- Location: Business district
- Taxes: $13,607
- County: Jefferson
- Zoning: 2-Comm
- Net Leasable SqFt: 11,042
- MLS Number: 1879002
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