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1873 301 Dewitt St 11,454 SF 100% Leased Retail Building Portage, WI 53901 $859,912 CAD ($75.08 CAD/SF)
Investment Highlights
- Fully rented both the apartments and restaurant space.
- High visibility restaurant space.
- Newer metal roof and two brand new rooftop AC units
- Located on one of the busiest traffic corners.
Executive Summary
RARE cash flow opportunity located on one of the BUSIEST traffic corners in this little American treasure of a town. This is the one to BUY RIGHT and build long term wealth, current INCOME total is $5,675 per month. Three upper apartments are currently rented out at under market pricing so room for upswing is spot on! NO VACANCY. Apartments are in top notch condition and have been nicely updated using quality labor and materials. Newer metal roof and two brand new rooftop AC units. Main floor space (highly visible) is currently being leased as restaurant space for $2550 per month. Actual capacity in the restaurant is 99, and current lease is a 5 year lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,454 SF
Building Class
C
Year Built
1873
Price
$859,912 CAD
Price Per SF
$75.08 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.60
Lot Size
0.07 AC
Zoning
Commercial - City lot currently has three apartments and one restaurant. All four units are currently rented.
Frontage
Amenities
- Corner Lot
- Fireplace
- Restaurant
- Security System
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 11271-1263 | Improvements Assessment | $392,183 CAD |
| Land Assessment | $9,633 CAD | Total Assessment | $401,815 CAD |
Property Taxes
Parcel Number
11271-1263
Land Assessment
$9,633 CAD
Improvements Assessment
$392,183 CAD
Total Assessment
$401,815 CAD
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1873 | 301 Dewitt St
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