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    320 Superior Ave Tomah, WI 54660

    For Sale
    $399,500

    Apartment building,2 story - Tomah, WI

    Lot size:
    0.17 Acres
    Days on Market:
    310
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 320 Superior Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    APN
    286-02332-0000
    Basement Y/N
    1
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    10
    Building materials
    Brick, Other
    Architectural style
    Other

    V.I.P. Realty, Inc (608) 374-4790 [email protected]

    Listing agent Wayne Stockwell (608) 374-4790

    Listing date Jan 30, 2025

    MLS# 1992635 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tomah Income-Generating Commercial Property

    This two-story commercial building in Tomah, Wisconsin, features a resale shop and residential units. The resale shop, named Christi's Place, includes two bathrooms and generates a monthly income of $1,000, with the tenant responsible for electric, natural gas, and water expenses for both sides of the building. The other side of the building currently generates $600 per month. Additionally, a back garage offers potential rental income of $600 per month, plus utilities (water, electric, and natural gas). The upper level comprises seven sleeping rooms along with common areas that include three bathrooms, two showers, a kitchen area, and a living area. Rents for these rooms range from $400 to $650 per month. The owner is responsible for all utilities for the residential units. All leases are month to month. When fully occupied, the residential units generate approximately $6,000 per month. A rubber roof with a 20-year warranty was installed on the main building last fall. The property is located on Tomah's main artery and sits on a lot of 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tomah
    County
    Monroe
    State
    Wisconsin
    Longitude
    -90.504395
    Latitude
    43.983706

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    FAQs

    What type of property is this?
    Apartment building - Two-story commercial building with residential and retail income potential.
    Where is this apartment building located?
    The property is located at 320 Superior Ave Tomah, WI.
    What is the asking price?
    The asking price for this property is $399,500.
    What are key features of this property?
    This property features: - High income potential: Approximately $6000 per month when fully occupied.; - Multiple income streams: Resale shop, rental units, and garage provide diverse revenue.; - New rubber roof: Installed last fall with a 20-year warranty.
    (608) 374-4790
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    320 Superior Ave Tomah, WI 54660
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