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    116 James St Columbus, WI 53925

    Sponsored
    For Sale
    $285,000

    Historic building, retail & apartments

    Property size:
    5,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This stunning 5,400 square foot Neo-Classical Revival building, constructed in 1916, presents a unique investment opportunity in the heart of Columbus, WI. Originally a private bank, this landmark property boasts exceptional curb appeal and is situated on a 0.06-acre lot at 116 W James Street. The main level offers a spacious, currently vacant commercial space, ideal for retail or service businesses. The well-maintained build-out includes large display windows and a half bath, providing a ready-to-occupy environment for a new tenant. Upstairs, discover three charming one-bedroom apartments, each featuring beautiful woodwork, large windows, and high ceilings. These apartments, currently occupied on a month-to-month basis, offer a consistent rental income stream. Tenants are responsible for all utilities. Each apartment includes its own furnace and dedicated storage space. A convenient coin-operated washer/dryer adds to the tenant amenities. Priced at $285,000, this property offers a blend of historical charm and modern functionality, making it an exceptional addition to any investment portfolio. The building's rich history, combined with its prime downtown location and versatile layout, presents a rare opportunity for both commercial and residential income generation.

    Property Features for 116 James St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,400 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1861
    Property Profile Location Intelligence

    Current Use by Public Records

    Society Boutique Boutique

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    COLUMBIA
    State
    Wisconsin
    Longitude
    -89.01475
    Latitude
    43.33865

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, retail & apartments
    Where is this commercial real estate located?
    The property is located at 116 James St Columbus, WI.
    What is the asking price?
    The asking price for this property is $285,000.
    (920) 623-3818
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    116 James St Columbus, WI 53925
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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
    116 James St Columbus, WI 53925
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