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    305 State St Mauston, WI 53948

    For Sale
    $299,900

    Prime location, income-generating property. High return on investment.

    Property size:
    2,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    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 Features for 305 State St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,440 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Edward Jones - Financial ... Investment Service Edward Jones - Financial ... Investment Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mauston
    County
    JUNEAU
    State
    Wisconsin
    Longitude
    -90.07405
    Latitude
    43.79652

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, income-generating property. High return on investment.
    Where is this commercial real estate located?
    The property is located at 305 State St Mauston, WI.
    What is the asking price?
    The asking price for this property is $299,900.
    (608) 847-6020
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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
    305 State St Mauston, WI 53948
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