Balsam Lake, WI 54026,318 Main ST
Balsam Lake, WI 54026,318 Main ST
Balsam Lake, WI 54026,318 Main ST
Balsam Lake, WI 54026,318 Main ST
Balsam Lake, WI 54026,318 Main ST
Balsam Lake, WI 54026,318 Main ST
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

Ferndale Realty

+1(888) 983-2544
Listed by Tom Hartmann • Property Executives Realty
$ 299,900
Est. payment | /mo

3,580 SqFt


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$ 299,900
Est. payment | /mo
Save

3,580 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,580 sqft

Price per Sqft $83

MLS Listing ID 1590381

HOA Y/N No

Abv Grd Liv Area 3,580

Year Built 1938

Annual Tax Amount $2,031

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Commercial

Property Description

Don't miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there's a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.

Location

State WI

County Polk

Rooms

Basement Full

Interior

Heating Hot Water

Cooling Window Unit(s)

Fireplace No

Exterior

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Schools

School District Unity

Others

Tax ID 106002640000

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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318 Main ST