
283 Main Street
Fully Leased Downtown Building Steps from Canada
Marketing description
Positioned in the heart of downtown, this versatile commercial building offers a prime investment opportunity with built-in income potential. The street level commercial space is currently operating as a salon, providing immediate business or rental use in a high-visibility location. Above, the second-floor features a beautifully maintained one-bedroom income producing apartment with views of the scenic St. Croix River. The unit is fully and tastefully furnished and is being offered completely turnkey...ideal for short or long term rental, or owner occupancy. This well cared for property has seen thoughtful updates and is ready for its next owner to step in and generate income from day one. Located just blocks from the international border crossing into Canada, the property benefits from steady traffic and a desirable, convenient setting. Whether you're looking to expand your investment portfolio or own a mixed use property in a vibrant downtown location, this is a rare opportunity you won't want to miss.
Investment highlights
In the heart of downtown, this well-maintained mixed-use property delivers immediate cash flow with a combined monthly income of $2,425. The street-level commercial unit, currently leased as a salon, generates $925 per month, while the fully furnished one-bedroom apartment above produces $1,500 per month.
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