209 Main StMonticello, WI 53570

For Sale
$335,000

Historic Downtown, High ROI Potential

Overview

Added:
Feb 3
Days on market:
39
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.

Property Details for 209 Main St

Property type
Other commercial real estate
Square Feet
4,968 SF
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Monticello
County
GREEN
State
Wisconsin
Latitude
42.74733
Longitude
-89.59463
209 Main St, Monticello, Wisconsin

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209 Main St
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