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Property profile

307-309 De Witt St Portage, WI 53901

OFF-MARKET
Commercial real estate
8,000 SF 0.12 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional 8,000 square foot commercial building is situated in the heart of downtown Portage, Wisconsin, offering a unique blend of historic charm and modern functionality. The main level boasts a wide-open floor plan with exposed brick, creating a stylish and inviting atmosphere. Large storefront display windows ensure maximum visibility and attract customer attention. The rear of the main floor features several separate rooms, including a substantial storage area, offering flexibility for various business needs. This area can be easily reconfigured to suit specific requirements, whether expanding the open space or creating dedicated work zones. Convenient double-door alley access at the rear, complete with a hoist, simplifies deliveries and logistics. The second floor, accessible via both an interior staircase and a separate street-side entrance (307 Dewitt St.), provides ample space for additional offices, workspace, or storage. This level presents a significant opportunity for expansion or conversion into apartment(s), generating potential rental income. A full basement adds further versatility and storage capacity. The property sits on a 0.12-acre lot. Priced at $239,900, this property represents a compelling investment opportunity in a vibrant downtown location.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Total area 8,000 SF
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

307-309 De Witt St Portage, WI 53901
Portage metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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