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Mixed-Use Building with Restaurant
For Sale
$624,900

301 De Witt St, Portage, WI 53901

Three rented upper apartments and a leased main-floor restaurant with 99-person capacity, supported by a newer metal roof.

Property SizeContact for details
Days on Market117

Property Features for 301 De Witt St

General Information

Standard status Active
Occupancy 100%

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $7,051

Building Details

Tenancy Multi
Listing Agency: First Weber Inc
Listed By: Dixon Scheibach Team
Source: Exprealty
Added: Apr 30 Changed: Aug 23 Last Checked: Aug 24 at 12:14PM

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 First Weber Inc

Investment Insights

Based on property information with market context.

This mixed-use property includes three upper apartments and a main-floor restaurant space that is currently leased. The three apartments are all rented with no vacancy, and the units have been updated with quality labor and materials. Building improvements include a newer metal roof and two brand new rooftop AC units.

The main-floor restaurant is leased for $2,550 per month with 4.5 years remaining on the term. Restaurant capacity is stated as 99. Current reported total monthly income is $5,675, consisting of $3,125 from the apartments and $2,550 from the restaurant lease.

For sale at 301 DeWitt Street in Portage, WI, the property is positioned as a cash-flowing building with existing tenant occupancy and in-place operating space.

Key Highlights

  • Three upper apartments are currently rented for $3,125/month (under market pricing) with no vacancy reported.
  • Main‑floor retail/restaurant space is leased for $2,550/month with 4.5 years remaining.
  • Restaurant has a listed capacity of 99.

Property Analytics

Current Use

Corner Pocket Bar & Pub 1873 Grille Restaurant 1873 Restaurant

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber 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.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby

Demographics for 53901, WI

14,924
Population
6,550
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
91%
High-School Grad
147.3 sq mi
ZIP Area
101
Density / Sq Mi
$72,244
Median Household Income
$40,914
Median Earnings
$969
Median Rent
$214,300
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?
Triplex - Three rented upper apartments and a leased main-floor restaurant with 99-person capacity, supported by a newer metal roof.
Where is this triplex located?
The property is located at 301 De Witt St Portage, WI.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Three upper apartments are currently rented for $3,125/month (under market pricing) with no vacancy reported.; Main‑floor retail/restaurant space is leased for $2,550/month with 4.5 years remaining.; Restaurant has a listed capacity of 99.
More about this property
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