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Property profile & analytics
OFF-MARKET
Commercial real estate

305 State St Mauston, WI 53948-1351

Entity Owned 4-yr Hold Free & Clear
Property ID
US92-2623752
Property summary
AI-generated overview

This exceptional commercial property at 305 E State Street, Mauston, WI, presents a unique investment opportunity. Boasting a total of 2,440 square feet on a 0.42-acre lot, this building offers significant income potential. The lower level encompasses 1,600 square feet, featuring office space, a bathroom, and a large storage garage complete with an overhead door, ideal for workshop use. The upper level comprises a fully remodeled two-bedroom apartment, currently generating $1,000 per month in rental income. This apartment boasts a modern, updated kitchen, a renovated bathroom, and upgraded electrical and plumbing systems. Separate access to the apartment is available from the rear of the building. Ample parking is provided, with significant spaces available on the nearly half-acre lot, plus additional space to the east of the building. This prime business location in Mauston offers a blend of commercial and residential income streams, making it an attractive investment for discerning buyers. The property's size, features, and location combine to create a compelling opportunity for immediate return and long-term growth. Don't miss this chance to acquire a high-yield property in a desirable location. The asking price is $299,900.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 292511029
UPID US92-2623752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Edward Jones - Financial Advisor: Alex Beenken Financial Advisor
  • Edward Jones - Financial Advisor: Kiril A Kustief, AAMS™ Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jlfs Properties LLC · 4 yrs held
Jlfs Properties LLC
since 2022
Last sale
$125,000
1 recorded transaction
2022
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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