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196 S Main Street Potosi, WI 53820 Commercial - Retail ACTIVE

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Description

Rich in history and located in the heart of historic downtown Potosi, directly across from the nationally recognized Potosi Brewing Company, this truly one-of-a-kind property offers endless possibilities in one of Southwest Wisconsin's most visited tourism destinations. Whether you are looking to bring your own vision to life or continue the current income-producing setup, this property is packed with opportunity. Current tenant occupancy offers a wine bar, ice cream shop, additional retail space, and a 2-bedroom, 1-bath apartment ideal for owner occupancy, short-term rental, or added rental income. The flexible layout lends itself to a variety of uses. Additional space within the building presents the opportunity to add up to 8 guest rooms on the upper level creating significant upside potential through overnight and extended-stay rentals. Benefit from the consistent traffic generated by the brewery, nearby Holiday Gardens Event Center, and the area's strong tourism draw. A rare chance to own a truly special property with history, character, visibility, multiple income opportunities, and exceptional future potential.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1850

General Information

County: Grant
Listed By:
Equity Real Estate Group LLC 563-542-3519 Troy Timmerman
ECIMLS
$550,000
Est. $3,563/mo
New to the Market ACTIVE
SQUARE FEET11,061 MLS#154642
STATUSACTIVE PROPERTY TYPECommercial - Retail

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Ruhl & Ruhl Careers
563.441.1776

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196 S Main Street, Potosi, WI 53820.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $550,000$550,000$550,000
Down Payment $110,000$19,250$137,500
Monthly Mortgage Amount $2,638$3,238$3,398
Taxes $765$765$765
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$242$0
Monthly Estimated Total $3,563$4,405$4,323

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