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31387422
31387431

705 Main, Ridgeway, WI 53582

CM
WI WI 91574-94
Cheryl Mortvedt
Listed by Cheryl Mortvedt
$299,000
70 days on market
Updated 31 days ago

705 Main

Details
APN 1770027
Property Type Retail, Office
Sub Type Storefront, Traditional Office (+3)
Square Footage 4,067
Units 2
NOI $14,400
Year Built 999
Stories 2
Acreage 7000.000

Retail | 4,067 SqFt

Marketing description

Turnkey Mixed-Use Investment!! This building has been completely transformed inside & out, leaving absolutely nothing untouched and giving the next owner peace of mind for years to come. Major improvements include a new roof, new gutters and downspouts, all-new windows throughout, fully updated electrical with both panels replaced, all utilities now separately metered, new water heaters, an upgraded boiler, new HVAC system, all-new ductwork, fully tuck pointed and sealed foundation, all-new exterior doors, and new chimney venting. The exterior has been completely refreshed. The upper apt offers 3 bdrms, updated bathroom, appliances and W/D in unit. The LL is fully remodeled and ready for office, retail, café, or more. LL features an ADA-compliant bathroom, and laundry hookups. Situated beside a long-standing community staple business and conveniently located next to the Military Ridge Trail, this property benefits from year-round cycling, recreation traffic, and built-in visibility.
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Listing Contacts

CM
WI WI 91574-94
Cheryl Mortvedt
Listed by Cheryl Mortvedt

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$14,400.00
$1,200.00/mo

Valuation Metrics

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DSCR
4.82%
Cap Rate
4.82%
ROI

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Additional Information

Name
Cheryl Mortvedt
License
WI 91574-94
Brokerage
First Weber
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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