Current Use by Public Records
- Village Gift / (Bike/Boat/Book/etc) Store
Property Details for 147 Main St
- Year built
- 1900
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully occupied four-unit commercial building situated at 147 Main Street North in the thriving business district of Amherst, Wisconsin. The property boasts a total of 3,503 square feet and comprises two ground-floor commercial spaces and two upper-level apartments. All units are currently leased to long-term tenants, ensuring consistent rental income. Recent lease updates include built-in escalations, resulting in highly attractive current capitalization rates—among the best available in the market. This translates to a significant cash flow with a minimal down payment, making it an ideal investment for those seeking a strong return on investment. The property's exceptional rental history and meticulous maintenance further enhance its appeal. With a capitalization rate exceeding 10%, this four-unit building represents a rare and highly sought-after investment opportunity in the current market. The property's prime Main Street location within Amherst's bustling business area guarantees high visibility and accessibility. This is a turnkey investment ready to generate immediate income. Don't miss this chance to acquire a truly exceptional commercial property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amherst
- County
- PORTAGE
- State
- Wisconsin
- Longitude
- -89.285
- Latitude
- 44.4513
