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Commercial:  Apartments/Retail
Built 1905
0.1 acres
Saint Croix Falls schools
MLS# 5677557
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    Description:   A rare opportunity and an investors dream property has hit the market! Multiple income opportunities to be had. This incredible piece of property is one that must be seen in person to appreciate all features it possesses. The units are currently being leased; therefore, cash flow can happen immediately. This historic building has formerly been a restaurant/ bar, as well as a salon. The exposed brick, high ceilings, and hardwood floors would make for a great brewery, restaurant, ghost kitchen (all commercial restaurant equipment can be included), or any other business ventures you have been dreaming of. In addition to the views of the St. Croix River, and wonderful street-front traffic, the tenant leased units allow for the purchase of this investment property to be a seamless one! Don't wait to capitalize on this rare opportunity, schedule your showing today!!
    List Price: $499,900
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Apartments/Retail
    Year Built: 1905
    City: Saint Croix Falls
    County: Polk
    State: WI
    Zip Code: 54024


    Building Fin Sq Ft: 6,840 sqft
    Appliances Included: Range, Cooktop, Microwave, Exhaust Fan, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Gas Water Heater
    Total Ranges: Four
    Total Refrigerators: Four
    Basement Details: Walkout, Full, Finished, Daylight/Lookout Windows, Egress Window(s), Brick/Mortar, Stone/Rock, Storage Space, Shared Access, Single Tenant Access


    Air Conditioning: Central Air, Window Unit(s), Wall Unit(s)
    Heating System: Baseboard, Radiant Floor, Boiler, Fireplace(s), Other
    Foundation Size: 3,136 sqft
    Shared Amenities: Deck, Porch, Other
    Unit Amenities: Deck, Natural Woodwork, Kitchen Window, Kitchen Center Island, Vaulted Ceiling(s), Ceiling Fan(s), Hardwood Floors, Walk-In Closet, Washer/Dryer Hookup, City View, Panoramic View, Multiple Phone Lines, Other
    Road Frontage: City Street, Paved Streets, Curbs, Sidewalks, Street Lights, Storm Sewer
    Handicap Accessible: None
    Exterior Material: Brick/Stone
    Garage Spaces: 2
    Other Parking Spaces: 3
    Roof Details: Flat, Age 8 Years or Less, Rubber


    Lake/Waterfront: River View
    Lake/Waterfront Name: St Croix River -Close Slough
    DNR Lake ID#: 600090530
    Lake Acres: 30
    Lake Depth: 0


    Acres: 0.1
    Lot Description: Irregular Lot
    Latitude: 45.41083951
    Longitude: -92.64524738
    Lot Size Dim.: 32x142x32x142
    Dev/Complex Name: Original C St Croix Falls
    Zoning: Business/Commercial


    School District: 5019
    District Phone: 715-483-9823


    Tenant Expenses: Electricity, Fuel, Trash Collection

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $5,542
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,542


    Total Rooms in Unit 1: 1
    Total Rooms in Unit 2: 2
    Total Units: 6


    Current Use: Beauty/Barber Shop, Restaurant, Bar/Tavern, Food Service, Professional/Office, Residential, Commercial, Office, Retail, Event Space, Other
    Fuel System: Natural Gas, Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

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    Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.

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    Listing provided by RMLS, courtesy of Keller Williams Classic Realty.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.