108 Madison StWaterloo, WI 53594

This exceptional commercial property, located at 108 E Madison Street in Waterloo, Wisconsin, presents a unique investment opportunity. The asking price is $290,000 for a combined 3,311 square foot parcel that includes the building at 108 E Madison Street and the adjacent building at 112 E Madison Street (MLS#1980030). The property is classified as Special Purpose Land and is currently fully rented. A significant advantage is the presence of a long-term residential tenant occupying a 2-bedroom unit upstairs. This provides a stable income stream. The property has undergone substantial improvements within the last decade, including a new roof, updated furnaces, and upgraded electrical systems. These recent renovations minimize immediate maintenance needs and enhance the property's value. Access to the basement is conveniently located at the rear of the building. This combined property offers a blend of commercial and residential income potential, making it an attractive investment for those seeking a diversified portfolio. The property is situated in Jefferson County, Wisconsin, with a zip code of 53594. This prime Waterloo location offers excellent visibility and accessibility.