117 Commercial StViola, WI 54664

This exceptional 8,350-square-foot commercial building is situated on a 0.27-acre lot at 117 W Commercial Street in Viola, Wisconsin. Currently generating income from long-term tenants (15+ years), this property presents a compelling investment opportunity. The ground floor houses a post office, an established beauty salon, and a two-bedroom apartment, all contributing to a stable rental income stream. An additional two-bedroom apartment is located on the upper floor. The city of Viola owns an adjacent 20-space parking lot, providing ample parking for tenants and customers. A significant portion of the building's rear and upper floor space is currently unoccupied, offering substantial potential for expansion and increased revenue. This could include additional rental units, storage space, or various other commercial uses. The upper floor also contains the shell of a second apartment requiring renovation. The property benefits from newer mechanical systems, ensuring efficient and cost-effective operation. This versatile property offers a unique blend of established income and significant upside potential in a desirable location within the Driftless Area. The asking price is $249,900.