Downtown Mixed-Use Income
For Sale
$475,000
196 S Main, Potosi, WI 53820
Mixed-use building with retail space, a wine bar/ice cream shop, and a 2-bedroom, 1-bath apartment.
Property Size11,061 SF
Price / SF$42.94
Days on Market155
Property Features for 196 S Main
General Information
Standard status
Active
Size
11,061 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Multifamily Units
1
Building Details
Year Built
1850
Tenancy
Multi
Listing Agency:
Equity Real Estate Group, LLC
Listed By:
Troy Timmerman · License #8537094
(608) 778-8224
Source:
Madisonareahomelistings
Added: Apr 13
Changed: Sep 9
Last Checked: Sep 13 at 12:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate Group, LLC
Investment Insights
Based on property information with market context.
Located at 196 S Main in the heart of historic downtown Potosi, this mixed-use building sits directly across from Potosi Brewing Company. The current setup includes a wine bar, an ice cream shop, and additional retail space, along with a 2-bedroom, 1-bath apartment that can support owner occupancy, short-term rental use, or added rental income.
The interior layout is described as flexible, with additional space within the building’s upper level that may allow for up to 8 guest rooms. The property also benefits from the traffic generated by the nearby brewery and Holiday Gardens Event Center, supported by the area’s strong tourism draw as stated in the marketing materials.
Overall, the building combines income-producing retail uses with a residential component and offers an opportunity to expand into overnight accommodations based on the available upper-level space.
The interior layout is described as flexible, with additional space within the building’s upper level that may allow for up to 8 guest rooms. The property also benefits from the traffic generated by the nearby brewery and Holiday Gardens Event Center, supported by the area’s strong tourism draw as stated in the marketing materials.
Overall, the building combines income-producing retail uses with a residential component and offers an opportunity to expand into overnight accommodations based on the available upper-level space.
Key Highlights
- 1850‑built mixed‑use building in historic downtown Potosi
- Currently leased with a wine bar, ice cream shop, and additional retail space
- Includes a 2‑bedroom, 1‑bath apartment for owner occupancy, short‑term rental, or added income
Property Analytics
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 53820, WI
2,421
Population
1,076
Households
2.3
Avg Household Size
47
Median Age
22%
College-Educated
94%
High-School Grad
89.3 sq mi
ZIP Area
27
Density / Sq Mi
$73,750
Median Household Income
$42,878
Median Earnings
$786
Median Rent
$203,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Mixed-use building with retail space, a wine bar/ice cream shop, and a 2-bedroom, 1-bath apartment.
Where is this retail space located?
The property is located at 196 S Main Potosi, WI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1850‑built mixed‑use building in historic downtown Potosi; Currently leased with a wine bar, ice cream shop, and additional retail space; Includes a 2‑bedroom, 1‑bath apartment for owner occupancy, short‑term rental, or added income
