112 Madison StWaterloo, WI 53594

For Sale
$290,000

Retail Space w/ Residential Income, 3311 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional commercial property at 112 E Madison Street, Waterloo, WI 53594, presents a unique investment opportunity. The 3,311 square foot building offers prime retail space on the main level, ideal for a variety of businesses. A significant advantage is the inclusion of a long-term residential tenant occupying a two-bedroom unit upstairs, providing consistent rental income. This dual-income stream enhances the property's overall return. The building has undergone substantial improvements within the last decade, including a new roof, updated furnaces, and upgraded electrical systems, ensuring efficient and reliable operation. A large tandem drive-in garage, accessible from the rear, provides ample storage and workspace. Additional basement space is also accessible through the garage. This property is being sold in conjunction with the adjacent building at 108 E Madison Street (MLS #1980029), offering potential for expansion or synergistic business ventures. The property is located in Jefferson County, Wisconsin, and is zoned for commercial use. The asking price for this combined opportunity is $290,000.

Highlights

  • $290,000 asking price.
  • 3,311 square foot lot, Special Purpose Commercial property.
  • Located at 112 E Madison Street, Waterloo, WI 53594.
  • Sold with adjacent building (MLS #1980029).
  • Features ground floor retail space and a 2-bedroom upper residential unit.
  • Recent updates include roof, furnaces, and electrical systems.

Location Insight

City
Waterloo
County
Jefferson
State
Wisconsin
Latitude
43.183528
Longitude
-88.990034
112 Madison St, Waterloo, Wisconsin

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112 Madison St
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