209 Main St Monticello, WI 53570-9810

Property Details for 209 Main St

Lot size

0.10 lot acres

Property type

Commercial real estate

APN

23-151-42.0000

APU

23151420000

Description

This exceptional investment opportunity presents a 4,968 square foot commercial building situated on a 0.09-acre lot at 209 N Main Street in the heart of Monticello, Wisconsin. The property boasts a thriving commercial restaurant space, complemented by three income-generating apartment units—one efficiency and two one-bedroom units—all currently occupied on month-to-month leases, ensuring immediate cash flow. The restaurant features a recently installed hood vent and an updated gas range, enhancing its operational efficiency. Established commercial tenants, operating successfully since 1982, provide a history of consistent occupancy and revenue. The building offers significant potential for long-term return on investment. Separate utility meters ensure efficient tenant billing, with tenants responsible for their respective utilities. A convenient walk-in cooler is located in the basement, adding to the restaurant's functionality. Ample street parking is readily available directly in front of the building. This historic storefront presents a rare chance to acquire a well-established, income-producing property in a desirable downtown location. The combination of commercial and residential units provides a diversified income stream and a strong foundation for future growth. The asking price is $335,000.

Location Insight

City

Monticello

County

Green

State

Wisconsin

Longitude

-89.5947

Latitude

42.7473

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments