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111 Jail Alley,  Mineral Point,  WI  53565 $195,000 Sold
111 Jail Alley,  Mineral Point,  WI  53565
$195,000
Sold
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 Property Type Business/Commercial
 Parcel # 251-0122
 County Iowa
 Sub Area J17
 Municipality Mineral Point
 MLS# 1825420
 Listing Date 03/20/2018
 Sold Price $190,000
 Close Date 05/10/2018 12:00 AM

MLS Public Remarks  A beautifully renovated commercial building, built in the 1830's, in a great location in Downtown Mineral Point. The street level currently operates as a fully furnished vacation guest house with pocket doors, wood floors, and beautiful wood trim. The 2nd floor is a spacious 2 bedroom apartment with all the charm you would expect in a historic building. The lower level is a quaint studio apartment, or could make a great option for any live/work situation. Endless possibilities with this property. Main level was formerly a retail shop. Call now for a private showing!
Documents and Related Links  
1) Addnd S
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mineral Point
  • C/T/V  City
  • Unit #  
  • Directions  Take Exit 40 Into Mineral Point, Left On Commerce Street, Right On High St, Left On Vine St, Left On Jail Alley
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  3
  • Building Gross SqFt  2,415
  • Net Leasable SqFt  0
  • Year Built  1836
  • Source for Year Built  Othr
  • Approx Bldg Dimen  1x1
  • Street Frontage  66
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  Com
  • Est. Total Acres  0.18
  • Source Of Est Acres  
  • Lot Dimensions  66x117
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $25,300
  • Assessment Year  0
  • Net Taxes  $4,534
  • Tax Year  2017
  • Improvements  $156,300
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,017
  • Gross Operating Income  $9,300
  • Annual Operating Exp  $6,700
  • Net Operating Income  $2,600
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Mo to Mo Mo to Mo No $4,800 $0 $0 800
    2 Annual 05-31-18 No $4,500 $0 $0 700
    3 - 0 0 $0 $0 $0 0
    Items Included 3 Stoves, 3 Refrigerators, 2 Window AC units
    Items Excluded  Personal property of the Sellers and Tenants
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air, Window AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Mixed use, Motel/Hotel/Bed & Brkfst, Recreation
  • Exterior Treatment  
  • Building Parking  1-5 spaces, Gravel
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Business district, Free standing
  • Tenant Pays  Electric, Heat
  • Present Use  Apartment building, Living quarters, Mixed use, Motel/Hotel/Bed & Brkfst
  • Licenses  None
  • Lease Type  Annual, Month to month
  • Occupied by  
  • Sale Includes  N/A
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc