Listing Agency: Stark Company, REALTORS Show Phone

Listed By: Matt Kornstedt Show Phone

Source: Exprealty

Added: Dec 6, 2025 Changed: Aug 20 Last Checked: Aug 24 at 11:35AM

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Investment Insights

Based on property information with market context.

This mixed-use property is located in downtown Monticello. It features a ground-floor commercial tenant and three leased residential units. The commercial space has been occupied since 1982 and includes upgrades such as a new hood vent (not yet installed), updated gas range and walk-in cooler. The residential component consists of one efficiency apartment and two one-bedroom units, all on month-to-month leases. The property has undergone capital improvements within the past six months, including a new roof, new boiler, and a new AC unit. All units are separately metered with tenant-paid utilities.

Key Highlights

• Turnkey, fully occupied, cash‑flowing mixed‑use property in downtown Monticello.
• Recent major capital improvements: new roof, boiler, and AC unit (within the last six months).
• Longtime (since 1982) ground‑floor commercial tenant.

Property Analytics

Property Profile

Current Use

Sugar River Country ... Bakery

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Dental Office Bakery HVAC Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

107

Businesses Nearby

Explore this area Business Placement

Demographics for 53570, WI

2,643

Population

1,223

Households

2.2

Avg Household Size

45

Median Age

27%

College-Educated

94%

High-School Grad

70.0 sq mi

ZIP Area

38

Density / Sq Mi

$83,143

Median Household Income

$45,580

Median Earnings

$859

Median Rent

$233,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Turnkey, fully occupied mixed-use property with commercial and residential units.

Where is this mixed-use property located?

The property is located at 209 N Main Street Monticello, WI.

What is the asking price?

The asking price for this property is $360,000.

What are key features of this property?

This property features: Turnkey, fully occupied, cash‑flowing mixed‑use property in downtown Monticello.; Recent major capital improvements: new roof, boiler, and AC unit (within the last six months).; Longtime (since 1982) ground‑floor commercial tenant.