Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

201 S Main St,  Jefferson,  WI  53549 $649,500 Sold
201 S Main St,  Jefferson,  WI  53549
$649,500
Sold
More Photos
 Property Type Business/Commercial
 Parcel # 241-0614-1121-011
 County Jefferson
 Sub Area K09
 Municipality Jefferson
 MLS# 1906398
 Listing Date 04/13/2021
 Sold Price $615,000
 Close Date 10/25/2021 12:00 AM

MLS Public Remarks  Prime location on Main Street in beautiful downtown Jefferson. A block from Rotary Park this property offers two commercial spaces on the main level and eight apartments upstairs. All apartments are occupied and tend to rent quickly. Apartments have unique layout and features: some have 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, electric. The other commercial space was a cafe. It's currently available for an owner occupant who wants to offset their mortgage with income from all the other unit. Per seller, new roof in 2017. Very attractive building with 66 feet of Main Street frontage.
Documents and Related Links  
1) Map
2) Addendum S
3) Real Estate Condition Report
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Jefferson
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 18 To South On Main Street
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  10
  • Building Gross SqFt  11,042
  • Net Leasable SqFt  11,042
  • Year Built  1875
  • Source for Year Built  Appr
  • Approx Bldg Dimen  0x0
  • Street Frontage  66
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  2-Com
  • Est. Total Acres  0.19
  • Source Of Est Acres  PubR
  • Lot Dimensions  66 x 124
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $36,000
  • Assessment Year  2020
  • Net Taxes  $13,193
  • Tax Year  2020
  • Improvements  $567,800
  • Total Assessment  $603,800
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Modified 07/31/2021 0 $8,400 $0 $0 0
    2 Modified 5/31/2021 0 $6,600 $0 $0 0
    3 Modified 7/31/21 0 $7,800 $0 $0 0
    Items Included All appliances and any other property used by the seller for operation and maintenance of the building.
    Items Excluded  Seller's personal property. Tenant's personal property.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Walkout/Outside entrance
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Restaurant/Supper Club, Retail, Service, Tavern
  • Exterior Treatment  
  • Building Parking  6-10 spaces, Onsite
  • Roofing  All flat
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report, Restrictions/Covenants
  • Location  Business district
  • Tenant Pays  Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Trash Services, Water
  • Present Use  Apartment building, Office, Service
  • Licenses  
  • Lease Type  Annual, Mixed lease types, Month to month, Multiple years
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Alley, Display window, Inside storage, Private Restrooms, Public rest rooms, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc