Property Description for 538 1st St, New Glarus, WI 53574
Looking for an investment with good income potential and long term tenants? One of New Glarus' Downtown Historic Landmarks is for sale! Stately brick building is ready for new owners after 50 years of ownership. The property is currently fully rented. Main level has a retail space holds tall display windows, tall ceilings, small office, work area with access to basement, and balcony. Upstairs is a 1bdrm apartment with bonus room (seller renting as 2bdrm) that has a bright feeling and tall ceilings as well as an efficiency apartment. Property is designated on the Historic Registry. Priced to sell! Property is in need of repairs, Seller will not make repairs. Come check this one out to see if it's a good fit for your investment portfolio! Business is not for sale.
- Present Use: Apartment building, Grocery, Retail
- Total Operating Expense: $0
- Gross Sales: $0
- Location: Business district, Near Major Highway
- Taxes: $4,915
- County: Green
- Zoning: Commercial
- Net Leasable SqFt: 3,500
- MLS Number: 1895102
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