107 Main St Alma, WI 54610-7710
This meticulously renovated 2,550 square foot commercial building at 107 Main Street in Alma, Wisconsin, presents a unique investment opportunity. Situated on a 0.05-acre lot, the property boasts a vibrant main-level bar, a well-established local favorite, perfect for continuing a thriving business or establishing a new one. The recent renovation included a complete stripping down to the studs, ensuring modern construction and updated systems throughout. Above the commercial space, a spacious and comfortable residential area awaits. This private living space includes two bedrooms and two bathrooms, offering a tranquil retreat. A cozy loft adds extra living space, while a private back patio and a balcony provide stunning views of Main Street and the Mississippi River. The combination of a successful commercial enterprise and comfortable living quarters makes this property ideal for owner-occupancy or as a lucrative investment generating rental income from both the commercial and residential spaces. The property's prime location in Alma, Wisconsin, offers easy access to local amenities and the natural beauty of the Mississippi River. This is a rare chance to acquire a piece of Alma's history, seamlessly blending modern convenience with historic charm. The asking price is $179,900.
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
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.