Property Description for 297 E Main St, Reedsburg, WI 53959
The "anchors" of the active and vibrant downtown Main St Reedsburg retail area are being offered for sale. Peggy's Boutique (formerly a jewelry store) and the Hallmark Gold Crown stores total approximately 4500 sq ft of first floor, first rate retail space. This space which is divided into a 1700 sq ft space and a 2800 sq ft space is or will be vacant and is being offered for lease at $10/sq ft. There is a full dry basement under the first floor for storage. On the second floor are 4 individual apartments fully rented that produce $31,500 of additional annual income. This property has the potential to be an excellent investment especially for someone who can utilize some or all of the first floor retail space. The building has been well cared for and is in "move in" condition.
- Present Use: Apartment building, Retail
- Total Operating Expense: $0
- Gross Sales: $0
- Location: Business district, Corner, Near Major Highway
- Taxes: $6,695
- County: Sauk
- Zoning: commercial
- Net Leasable SqFt: 4,500
- MLS Number: 1913341
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