New Glarus, WI 53574,538 1st St
New Glarus, WI 53574,538 1st St
New Glarus, WI 53574,538 1st St
36
Listed by Restaino & Associates
Bought with Restaino & Associates
$130,000
$199,000
34.7%
Est.Price: ?

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3,500 SqFt

538 1st St New Glarus, WI 53574

Est. payment /mo
SOLD DATE : 02/16/2021

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Key Details

Sold Price $130,000

Property Type Commercial

Sub Type Retail,Grocery,Apartment building

Listing Status Sold

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $37

MLS Listing ID 1895102

Sold Date 02/16/21

Year Built 1919

Annual Tax Amount $4,915

Tax Year 2020

Lot Size 2,482 Sqft

Acres 0.057

Property Description

Looking for an investment with good income potential and long term tenants? One of New Glarus' Downtown Historic Landmarks is for sale! Stately brick building is ready for new owners after 50 years of ownership. The property is currently fully rented. Main level has a retail space holds tall display windows, tall ceilings, small office, work area with access to basement, and balcony. Upstairs is a 1bdrm apartment with bonus room (seller renting as 2bdrm) that has a bright feeling and tall ceilings as well as an efficiency apartment. Property is designated on the Historic Registry. Priced to sell! Property is in need of repairs, Seller will not make repairs. Come check this one out to see if it's a good fit for your investment portfolio! Business is not for sale.

Location

State WI

County Green

Area New Glarus - V

Zoning Commercial

Direction Hwy 69 to Hwy 39 to 1st St.

Rooms

Basement Other foundation

Interior

Heating Radiant, Window AC

Cooling Radiant, Window AC

Exterior

Parking Features No Parking

Roof Type Rubber/membrane

Building

Story 2

Water Municipal water, Municipal sewer

Structure Type Brick

Others

SqFt Source Assessor

Energy Description Natural gas

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South Central Wisconsin MLS (SCWMLS)

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agent

Mamad Baladi

Broker | License ID: 59618-90

+1(608) 347-7776

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