105 Oak St Sparta, WI 54656
This exceptional 5,200 square foot mixed-use commercial property, located at 105 W Oak STREET Unit 107 in Sparta, Wisconsin, presents a compelling investment opportunity. Situated on a 0.07-acre lot, the building boasts a ground floor office space currently leased to long-term tenants, providing a consistent stream of commercial income. The upper level features two recently renovated apartments, each showcasing high ceilings, modern finishes, and ample natural light. These apartments are highly attractive to renters, offering the potential for significant residential rental income. The property's prime location within a desirable area further enhances its value and appeal. This turnkey building offers a blend of stable commercial revenue and lucrative residential rental potential, making it an ideal investment for those seeking a diversified income stream. The property is priced at $425,000 and represents a rare opportunity to acquire a well-maintained, income-generating asset in a thriving market. The existing leases on the commercial space ensure immediate cash flow, while the modern apartments provide a strong foundation for long-term rental growth. This property is ready for immediate occupancy and offers significant upside potential for future appreciation. Don't miss this chance to own a truly exceptional mixed-use property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.