SQUARE FEET18,700
MLS#22605429
STATUSActive
PROPERTY TYPECommercial - Business
Listing Courtesy of:
FIRST WEBER
Agency Contact: homeinfo@firstweber.com
Property Description
Incredible opportunity to own a piece of history in Downtown Stevens Point. This mixed-use investment property boasts timeless character, modern functionality, and phenomenal rental history. The property features three main floor commercial suites along Main St and five residential second-floor units. With staple businesses consisting of Polito's Pizza, Icon Entertainment Venue, and Agora Makers Market step into ownership knowing commercial tenancy will remain a constant. The residential units offer between four and six bedrooms and have all been updated in the last few years with fresh finishes, appliances, and a shared laundry room. The commercial suites have access to the basement of the building for additional storage and use. With rents totaling $164,347 and expenses around than 15% the DSCR is approximately 1.4 and the Cap Rate is 10.0. Call today to request additional information and add this property to your investment property to your portfolio!,This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, subagents or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.
Property Features
Property Type: Commercial - Business
Lot Size: 0.23 Acres
Roof Type: Flat, Rubber/Membrane
Taxes: $21,102
Year Built: 1890
Feature Descriptions
Commercial Features: High Traffic Location, High Visibility
Data Source: WIREX_CWBR
Exterior: Brick, Brick/Stone
Heating/Cooling: Hot Water, Forced Air, Baseboard, Central Air, No Cooling, Wall A/C
Heating Fuel: Electric, Natural Gas
Lot Dimensions: 10001-20000
Parking: Assigned
Real Estate Included: Yes
Units: 8
Water/Waste: Municipal Water
Listed By / Shown By
Listed By
Agency Name: FIRST WEBER
Agency Contact: homeinfo@firstweber.com
Shown By
Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011
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956-964 Main Street | MLS# 22605429
This commercial property located at 956-964 Main Street, Stevens Point, WI 54481 is currently listed for sale with an asking price of $1,395,000. Search Stevens Point real estate on www.starkhomes.com today.