Brick Mixed-Use Income
217 W Cherry St Lancaster, WI 53813
217 W Cherry St, Lancaster, WI, 53813
$189,900
For Sale
$189,900
COMMERCIAL - Lancaster, WI
Property Size3,200 SF
Lot Size0.06 Acres
Price / SF$59.34
Days on Market8
Property Features for 217 W Cherry St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- comm/res
- Parking features
- Offsite
- Interior features
- Private Restrooms, Residential unit(s), Display window, Private office(s)
- Standard status
- Active
- APN
- 246-00181-0000
- Size
- 3,200 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1339
Building Details
- Year built
- 1890
- Number of units
- 3
- Roof type
- Flat, Membrane
Listing agency
RE/MAX Preferred
(608) 393-3330
Listed by
Scott Schroeder · License #5913790
(608) 617-2727
Added: Jul 15 Updated: Jul 22 at 5:05AM Checked: Jul 22 at 8:06AM
MLS# 1995303
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.
Investment Insights
Based on property information with market context.
This solid brick, three-unit income property includes a main-level commercial space and two residential units on the upper level. The residential area features nice wood floors, open-concept layout in the occupied 1-bedroom unit, and an efficiency unit with its own full bath. The building has been well maintained with numerous updates, including furnace, plumbing, electrical, and flooring. The main-level commercial space is vacant and includes a full bath, an office, a large storage area, and large display windows. All appliances are included.
The upper 1-bedroom unit is occupied on a month-to-month basis. Tenants contribute $150 per month toward utilities, for a total utility amount of $450 per month across the residential units.
A full basement provides additional storage. Reported rents are $550 for the main-level commercial unit, $500 for the upper efficiency unit, and $600 for the upper 1-bedroom unit.
The upper 1-bedroom unit is occupied on a month-to-month basis. Tenants contribute $150 per month toward utilities, for a total utility amount of $450 per month across the residential units.
A full basement provides additional storage. Reported rents are $550 for the main-level commercial unit, $500 for the upper efficiency unit, and $600 for the upper 1-bedroom unit.
Key Highlights
- 3‑unit income property in downtown Lancaster: main‑level commercial plus 2 residential units upstairs
- Solid brick building with numerous updates including furnace, plumbing, electrical, and flooring
- Main level commercial space is vacant and includes a full bath, private office(s), and large storage area
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Mixed-use property - Three-unit building with vacant main-level commercial space and two updated residential units plus full basement storage.
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 $189,900.
What are key features of this property?
This property features: 3‑unit income property in downtown Lancaster: main‑level commercial plus 2 residential units upstairs; Solid brick building with numerous updates including furnace, plumbing, electrical, and flooring; Main level commercial space is vacant and includes a full bath, private office(s), and large storage area
