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    206-208 Main St Monticello, WI 53570

    For Sale
    $195,000

    Prime Commercial Space, Great Visibility

    Property size:
    3,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 206-208 N Main Street in Monticello, Wisconsin, presents a compelling investment opportunity. Boasting 3,040 square feet on a 0.72-acre lot, this building offers significant potential for a variety of businesses. Its prime Main Street location ensures high visibility and accessibility, attracting substantial foot traffic. The property currently features a vacant lower level, ideal for immediate occupancy by a new business, ready to capitalize on the established location. A significant advantage is the existing residential apartment on the upper level, providing a reliable stream of passive income. This adds to the overall return on investment. Further enhancing the property's utility is a convenient garage located at the rear of the building, offering additional storage or workspace. Monticello's strategic location, approximately 25 minutes south of Verona and 15 minutes north of Monroe, provides easy access to a wider regional market. This property is priced at $195,000 and represents a rare chance to acquire a versatile commercial space with immediate income potential and excellent visibility in a thriving community. Don't miss this opportunity to establish your business or expand your investment portfolio.

    Property Features for 206-208 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,040 SF
    Lot Size
    31,363 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    GREEN
    State
    Wisconsin
    Longitude
    -89.59411
    Latitude
    42.74731

    Nearby Comparable

    • $195,000

      Mixed-Use Building in Monticello, WI

      Commercial building with apartment and garage space on Main St.
      206-208 N Main St, Monticello, WI 53570
      View Details
    • $234,900
      0.18 Acres

      Monticello Two-Unit Income Property

      Charming two-unit property in Monticello, Wisconsin, great income potential.
      409 S Monroe St, Monticello, WI 53570
      View Details

    Nearby Similar for Sale

    • $195,000

      Mixed-Use Building in Monticello, WI

      Commercial building with apartment and garage space on Main St.
      206-208 N Main St, Monticello, WI 53570
      View Details
    • $234,900
      0.18 Acres

      Monticello Two-Unit Income Property

      Charming two-unit property in Monticello, Wisconsin, great income potential.
      409 S Monroe St, Monticello, WI 53570
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Space, Great Visibility
    Where is this commercial real estate located?
    The property is located at 206-208 Main St Monticello, WI.
    What is the asking price?
    The asking price for this property is $195,000.
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    206-208 Main St Monticello, WI 53570
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