301 DeWitt Street, Portage, WI 53901
301 DeWitt Street, Portage, WI 53901
301 DeWitt Street, Portage, WI 53901
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Listed by First Weber Inc • HomeInfo@firstweber.com
$624,900
Est. payment /mo
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7,166 SqFt
New

301 DeWitt Street Portage, WI 53901

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Key Details

Property Type Commercial

Sub Type Restaurant/Supper Club,Tavern,Apartment building

Listing Status Active

Purchase Type For Sale

Square Footage 7,166 sqft

Price per Sqft $87

MLS Listing ID 2022013

Year Built 1873

Annual Tax Amount $7,051

Tax Year 2025

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Restaurant/Supper Club,Tavern,Apartment building

Property Description

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 $5675 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.

Location

State WI

County Columbia

Area Portage - C

Zoning Commercial

Direction Downtown Portage intersection of Hwy 51 and Cook Street.

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Central air, Forced air

Cooling Central air, Forced air

Inclusions Three refrigerators, three stoves, three dishwashers, three washers, three dryers

Exterior

Parking Features Onsite, Street Parking

Roof Type All flat,Metal,Rubber/membrane

Building

Story 2

Water Municipal sewer, Municipal water

Structure Type Brick,Stone

Others

SqFt Source Seller

Energy Description Natural gas


South Central Wisconsin MLS (SCWMLS)

NEARBY SCHOOL & BUSINESS

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Kate Somers

Kate Somers

Agent | License ID: 79423-94

+1(608) 225-0092

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301 DeWitt Street