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196 S Main Street Potosi, WI 53820 Commercial - Retail ACTIVE

  • 196 S Main Street, Potosi, WI 53820 Main Photo

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Description

Rich in history and located in the heart of historic downtown Potosi, directly across from the nationally recognized Potosi Brewing Company, this truly one-of-a-kind property offers endless possibilities in one of Southwest Wisconsin's most visited tourism destinations. Whether you are looking to bring your own vision to life or continue the current income-producing setup, this property is packed with opportunity. Current tenant occupancy offers a wine bar, ice cream shop, additional retail space, and a 2-bedroom, 1-bath apartment ideal for owner occupancy, short-term rental, or added rental income. The flexible layout lends itself to a variety of uses. Additional space within the building presents the opportunity to add up to 8 guest rooms on the upper level creating significant upside potential through overnight and extended-stay rentals. Benefit from the consistent traffic generated by the brewery, nearby Holiday Gardens Event Center, and the area's strong tourism draw. A rare chance to own a truly special property with history, character, visibility, multiple income opportunities, and exceptional future potential.

Property Highlights

Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1850

General Information

County: Grant
Listed By:
Equity Real Estate Group LLC Troy Timmerman 563-542-3519
ECIMLS
$475,000
Est. $3,202/mo
ACTIVE
SQUARE FEET11,061 MLS#154642
STATUSACTIVE PROPERTY TYPECommercial - Retail

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Agent Name: Brian Thomas
Agent Phone: (563) 495-1741
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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196 S Main Street, Potosi, WI 53820.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $475,000$475,000$475,000
Down Payment $95,000$16,625$118,750
Monthly Mortgage Amount $2,402$2,948$2,982
Taxes $661$661$661
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$209$0
Monthly Estimated Total $3,202$3,957$3,782

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