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5 E Main Street,  Watertown,  WI  53094-3705 $199,500 Sold
5 E Main Street,  Watertown,  WI  53094-3705
$199,500
Sold
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 Property Type Business/Commercial
 Parcel # 291-0815-0421-112
 County Jefferson
 Sub Area K24
 Municipality Watertown
 MLS# 1965035
 Listing Date 10/03/2023
 Sold Price $195,000
 Close Date 12/01/2023 12:00 AM

MLS Public Remarks  A great opportunity to own an affordable investment property in downtown Watertown. The main level unit has endless possibilites, you could keep it as a barber shop, or use it for office or retail space. The clean upstairs 2 bedroom, 1 bathroom unit rents at $725/month. Live in the upper unit or keep it as rental income. New roof in 2023. City parking lot behind the building and on street parking. Great location on Main Street with a lot of visibility for your business. Main level unit is owner occupied. Scheduled income only reflects the upstairs unit.
Documents and Related Links  
1) Floor Plan - 5 E Main St- Residential Unit
2) Maps- Jefferson County Land Records
3) RECR
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Watertown
  • C/T/V  City
  • Unit #  
  • Directions  Wi-26 To Bus 26, East On Main St To Property.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  2
  • Building Gross SqFt  1,848
  • Net Leasable SqFt  1,848
  • Year Built  1900
  • Source for Year Built  Othr
  • Approx Bldg Dimen  18x50
  • Street Frontage  20
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  Com
  • Est. Total Acres  0.02
  • Source Of Est Acres  Othr
  • Lot Dimensions  20x48
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $16,500
  • Assessment Year  2022
  • Net Taxes  $1,711
  • Tax Year  2022
  • Improvements  $81,600
  • Total Assessment  $98,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $8,700
  • Gross Operating Income  $8,700
  • Annual Operating Exp  $0
  • Net Operating Income  $8,700
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 0 0 0 $0 $0 $0 0
    2 m/m 60day noti 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included stove, refrigerator upstairs, washer, dryer in basement
    Items Excluded  personal property of seller and tenant
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  11-20 persons
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Office, Retail
  • Exterior Treatment  Brick
  • Building Parking  Other
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district
  • Tenant Pays  Electric
  • Present Use  Beauty/barber shop, Living quarters
  • Licenses  None
  • Lease Type  Month to month
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  N/A
  • Features  Inside storage, Public rest rooms, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exp Realty, Llc