Description
Mixed-use investment opportunity in downtown Alma, Wisconsin overlooking the Mississippi River. This well-maintained property features a leased commercial storefront on the main level and two residential units, creating a strong income-producing opportunity with leases already in place. The main floor commercial space offers prominent street frontage with large front windows and an open interior currently occupied by a salon tenant (business not included). Residential units offer spacious layouts, full kitchens, and comfortable living areas suited for long-term tenancy. Property has been carefully maintained by current ownership and includes 3-phase electrical service. Upper-level balcony and living spaces capture scenic Mississippi River views, adding to the building’s character and tenant appeal. A strong opportunity for investors seeking a stabilized mixed-use property with established rental income in Alma.
Details
| MLS # | 7020483 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1890 |
| Days On Site | 189 |
| Listing Provided By | Jewson Realty | Jay Jewson |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Business/Commercial |
| Acreage | 0.11 |
| Water Front | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Baseboard, Forced Air |
Exterior
| Construction Materials | Frame |
|---|
Parking
| Parking Features | On-Street Parking Only |
|---|
Utilities
| Utilities | Electric Separate, Heating Common |
|---|
Taxes
| Property | 3325 |
|---|
Area Information
| State | WI |
|---|---|
| County | Buffalo |
| City | Alma |
| Zip Code | 54610 |
| School District | W84 |
| High School | Alma |
| Listing VS Median (in 54610) | |
Price: $200,000 low | high Med: $262,450 On site: 189 low | high Med: 327 | |
Market Activity 54610
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | WI |
|---|---|
| County | Buffalo |
| City | Alma |
| Zip Code | 54610 |
| School District | W84 |
| High School | Alma |
| Listing VS Median (in 54610) | |
Price: $200,000 low | high Med: $262,450 On site: 189 low | high Med: 327 | |
