Laundromat/Airbnb 243 High St 2,500 SF 100% Leased Flex Building Mineral Point, WI 53565 $415,220 CAD ($166.09 CAD/SF) 5.60% Cap Rate

Prime Investment Opportunity: Mixed-Use Property in Historic Mineral Point
243 High Street, Mineral Point, WI 53565
Looking for a turnkey investment that pays for itself from day one? This unique mixed-use building in the heart of historic Mineral Point offers a rare combination of stable commercial income and high-upside short-term rental revenue.
Price: $299,999
The Opportunity
This property isn't just a building; it's a dual-stream income engine. Featuring a fully operational laundromat on the main floor and a charming residential unit above (currently utilized as a successful Airbnb), it generates a consistent net income of $1,400 per month.
Property Highlights
The Main Level: A well-established Laundromat business (included in sale). This essential service provides steady, "recession-proof" cash flow with minimal daily oversight required.
The Upper Level: A beautiful Apartment/Airbnb unit. Mineral Point is a premier destination for art lovers and tourists; this unit stays in high demand, offering significantly higher margins than a traditional long-term rental.
Historic Charm: Built in 1860, the building features classic architecture and excellent street frontage on High Street, the town’s primary thoroughfare.
Turnkey Transition: Both the real estate and the business are included in the $299,000 asking price.
Financial Snapshot
Total Net Income: $1,400/month (after expenses).
Zoning: Commercial.
Year Built: 1860 (well-maintained).
Square Footage: Approx. 4,680 sq. ft. total.
Lot Size: 117' x 20'.
Location
Located in the vibrant community of Mineral Point, known for its thriving arts scene, historic Cornish heritage, and consistent tourism. 243 High Street sits right in the path of progress, surrounded by galleries, shops, and restaurants.
Serious inquiries only. This is a "For Sale By Owner" listing, offering a streamlined buying process for investors or owner-operators looking to plant roots in one of Wisconsin’s most beautiful towns.