Three-Unit Mixed-Use
New
For Sale
$184,000
217 W Cherry St, Lancaster, WI 53813
A vacant ground-floor commercial suite sits beneath two upper-level residential units in a brick building.
Property Size3,200 SF
Price / SF$57.50
Days on Market5
Property Features for 217 W Cherry St
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Commercial
Zoning
comm/res
Units
Unit Mix
1 x 1BR, 1 x efficiency
Multifamily Units
2
Additional Details
Average Monthly Rent
$550
Mixed-Use Components
retail, residential
Tenant in Place
Yes
Amenities
wood floors
full bath
office
large storage area
large display windows
open concept
laundry
appliances included
Building Details
Building Size
3,200 SF
Year Built
1890
Buildings
1
Units
3
Construction
brick
Tenancy
Multi
Listing Agency:
Re/Max Preferred
Listed By:
Scott Schroeder · License #5913790
(608) 617-2727
Source:
Conradrealty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 23 at 9:31AM
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 Re/Max Preferred
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Investment Insights
Based on property information with market context.
This 1890 brick mixed-use building contains three units: a street-level commercial space and two residences upstairs. The commercial suite is vacant and includes a full bathroom, an office, substantial storage, and display windows. The upper floors hold a one-bedroom apartment and an efficiency, each with a full bathroom. The one-bedroom unit has an open living, dining, and kitchen arrangement, along with laundry. Appliances are included, and a full basement provides additional storage.
The building is in downtown Lancaster, Wisconsin, and is zoned res/comm. Updates include work to the furnace, plumbing, electrical systems, and flooring. The one-bedroom apartment is occupied on a month-to-month basis.
The building is in downtown Lancaster, Wisconsin, and is zoned res/comm. Updates include work to the furnace, plumbing, electrical systems, and flooring. The one-bedroom apartment is occupied on a month-to-month basis.
Key Highlights
- Three‑unit configuration: one commercial space and two residential units
- Ground‑floor commercial suite is vacant and includes an office, full bath, storage, and display windows
- Upper‑level residences include a one‑bedroom apartment and an efficiency unit
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 53813, WI
6,267
Population
2,430
Households
2.6
Avg Household Size
41
Median Age
25%
College-Educated
94%
High-School Grad
144.3 sq mi
ZIP Area
43
Density / Sq Mi
$80,946
Median Household Income
$45,441
Median Earnings
$803
Median Rent
$204,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A vacant ground-floor commercial suite sits beneath two upper-level residential units in a brick building.
Where is this mixed-use property located?
The property is located at 217 W Cherry St Lancaster, WI.
What is the asking price?
The asking price for this property is $184,000.
What are key features of this property?
This property features: Three‑unit configuration: one commercial space and two residential units; Ground‑floor commercial suite is vacant and includes an office, full bath, storage, and display windows; Upper‑level residences include a one‑bedroom apartment and an efficiency unit
