Three-Unit Mixed-Use
New
For Sale
$189,000
217 W Cherry St, Lancaster, WI 53813
COMMERCIAL - Lancaster, WI
Property Size3,200 SF
Lot Size0.06 Acres
Price / SF$59.06
Days on Market1
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)
Lot features
Business district, Corner, Free standing, Near Major Highway
Directions
Downtown Lancaster, just off the square
Subdivision
LANCASTER - C
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 · RE/MAX International
(608) 356-4100
Listed By:
Scott Schroeder · License #5913790
(608) 617-2727
Added: Aug 14
Last Checked: Aug 14 at 4:06PM
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 3,200-square-foot mixed-use building combines a street-level commercial suite with two apartments above. The commercial area is vacant and includes a full bathroom, private office, substantial storage, and display windows. The residential portion consists of a one-bedroom apartment with an open kitchen, living and dining areas, bathroom, and laundry, plus an efficiency unit with a full bathroom. Appliances are included.
Constructed in 1890, the solid brick property has received updates to the furnace, plumbing, electrical systems, and flooring. A full basement provides additional storage. The building sits on a 0.06-acre lot in downtown Lancaster and is zoned comm/res. Parking is available off site.
Constructed in 1890, the solid brick property has received updates to the furnace, plumbing, electrical systems, and flooring. A full basement provides additional storage. The building sits on a 0.06-acre lot in downtown Lancaster and is zoned comm/res. Parking is available off site.
Key Highlights
- 3,200‑square‑foot mixed‑use building with one commercial suite and 2 residential units
- Vacant commercial space includes a full bathroom, office, storage area, and display windows
- Residential units include a 1‑bedroom apartment and an efficiency unit
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
47
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown property with a vacant commercial suite and two residential apartments, including a one-bedroom and an efficiency unit.
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 $189,000.
What are key features of this property?
This property features: 3,200‑square‑foot mixed‑use building with one commercial suite and 2 residential units; Vacant commercial space includes a full bathroom, office, storage area, and display windows; Residential units include a 1‑bedroom apartment and an efficiency unit
