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    Mixed-Use Brick Income Building Title is generated by Realmo AI

    217 W Cherry St, Lancaster, WI 53813

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    For Sale
    $214,000

    MULTI_FAMILY - Lancaster, WI

    Lot size:
    0.06 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 14 at 10:06 am

    Property Features for 217 W Cherry St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    res/comm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
    Appliances
    2
    Standard status
    Active
    APN
    246-00181-0000
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1339

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    3

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    Listing Contact
    Scott Schroeder
    Scott Schroeder

    Listing agent Scott Schroeder License #5913790

    Listing office RE/MAX Preferred 144 4th Ave Ste 3, Baraboo, WI

    Listing date Jun 4, 2026

    MLS# 1995302 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3‑unit income property with main‑level commercial space and 2 residential units on the upper level
    • Solid brick building built in 1890 with forced‑air heating
    • Numerous updates including furnace, plumbing, electrical, and flooring
    • Main‑level space is vacant with a full bath, office, large storage area, and large display windows
    • Upper units include a month‑to‑month 1BD unit and a currently vacant efficiency unit (both with full baths and appliances included)
    • Stated rents: $650 (commercial), $800 (efficiency), $1,000 (1BD); seller pays utilities; full basement for storage

    Overview

    This mixed-use brick income property includes three units arranged with a commercial space on the main level and two residential units upstairs. The upper units feature wood floors and open living layouts, with the 1-bedroom unit offering an open concept kitchen area, living and dining spaces, a bathroom with laundry, and included appliances. The second upper unit is an efficiency with a full bath, currently vacant, and appliances included. The main level commercial space is vacant and presented as a clean, flexible layout with large display windows, a full bath, an office, and a large storage area. A full basement provides additional storage.

    The building is located in downtown Lancaster, WI at 217 W Cherry St in Grant County. The property is zoned for residential/commercial use. At present, the entire building is vacant; however, one residential unit is described as occupied on a month-to-month basis.

    For tenants, buyers, or operators seeking a small mixed-use brick asset, the configuration supports either continuing the existing income approach or repurposing the main-level storefront for a variety of business uses, while maintaining residential units upstairs. The seller reports multiple updates over time, including furnace, plumbing, electrical, and flooring, which may help reduce near-term building systems work.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Grant
    State
    Wisconsin
    Longitude
    -90.711304
    Latitude
    42.847174

    FAQs

    What type of property is this?
    Triplex - Three-unit brick building includes vacant main-level storefront space plus two upper residential units.
    Where is this triplex located?
    The property is located at 217 W Cherry St Lancaster, WI.
    What is the asking price?
    The asking price for this property is $214,000.
    What are key features of this property?
    This property features: 3‑unit income property with main‑level commercial space and 2 residential units on the upper level; Solid brick building built in 1890 with forced‑air heating; Numerous updates including furnace, plumbing, electrical, and flooring
    More about this property
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