Mike Wagner

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203 High | 1947489 | First Weber REALTORS
Listing provided courtesy of RE/MAX Preferred - MLS#1947489MLS Provider

203 High

Mineral Point, WI 53565
Commercial · 8,814 Sq. ft. | 0.06 Acres

$449,000 Active

Overview

Time on Site:
299 days
Visits:
177

Seize the opportunity to claim an extraordinary piece of American history! Imagine a 1900s sandstone gem, once a thriving bank filled with ancestral stories, now awaiting your ownership. This historic landmark boasts colossal walk-in safes and dazzling windows that bathe the space in sunlight. With its 14-foot ceilings and multiple rooms, it's a spectacle to behold at Mineral Point's heart. Not only does it impress, but it also brings financial rewards with three revenue-generating apartments on its second floor. Dare to dream up endless possibilities - from running your enterprise to leasing it out. This unmatched architectural treasure could be yours to cherish this season. Don't hesitate. Make it yours!

Virtual Tour
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Facts & Features

  • Type Commercial
  • Sq. ft. 8,814
  • Price/Sq.ft. $50
  • Lot 0.06 Acres

General

Income/Expenses
  • Net Operating Income: 17400
  • Operating Expense: 0
Listing Information
  • Sale Includes: Lease(s)
Building Information
  • Fuel: Natural gas
  • Water/Waste: Municipal water, Municipal sewer
  • Year Built: 1900
Business Information
  • Current Use: Retail, Apartment building
Location/Region
  • County Or Parish: Iowa
  • Postal City: Mineral Point
Parking Information
  • Parking Fees/Mo.: 0
Rent/Lease Information
  • Unit 1 Monthly Rent: $650.00
  • Lease Type: Annual
  • Tenant Pays: Heat, Electric, Water, Sewer, Insurance
Tax Information
  • Tax Annual Amount: $7,234.00
  • Tax Assessed Value: $291,100.00
  • Tax Year: 2021
General Information
  • Business Sale: No
  • Exclusions: Seller and tenants personal property
  • Features: Alley, Public rest rooms, Private Restrooms, Residential unit(s), Shared conference room, Reception area, Display window, Inside storage, Private office(s)
  • Inclusions: Stoves (3), Refrigerator (3),
  • Miscellaneous: Internet - Cable, Internet - DSL, Internet - Fixed wireless
  • Parcel Number: 251-0105
  • Property Sub Type: Business/Commercial
  • Property Type: Business/Comm
  • Type: Retail, Office, Service, Recreation, Grocery, Day care, Beauty/barber, Shopping center/StripMall, Apartment building, Other
  • Zoning: Com

Interior

Building Information
  • Heating/Cooling: Radiant, Window AC, Zoned heating
  • Number of Loading Docks: 0
Building Interior
  • Building Area Source: Assessor
  • Building Area Total: 8814
  • Ceiling Height Max: 14
  • Ceiling Height Min: 9
  • Seating Capacity: 51-75 persons
General Information
  • Basement: Full, Walkout/Outside entrance, Other foundation
  • Stories Total: 3
Unit Information
  • Unit 4 Half Baths: 800

Exterior

Parking Information
  • Onsite Parking: no
  • Parking Features: 1-5 spaces, Offsite, Paved
Lot Information
  • Street Frontage: 35
  • Lot Size Source: Assessor
  • Wooded Acreage: 0
Building Exterior/Construction
  • Construction Materials: Stone
  • Roof: Other
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$402,913
Median Sales Price
$122
Median Price per Square Foot
5
Properties Sold
7
New on Market
40
Average Days on Market
15
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
7/5/2023Source: South Central Wisconsin MLS Price Reduction
$449,000 -3.9%
3/24/2023Source: South Central Wisconsin MLS Price Reduction
$467,000 -6.6%
12/2/2022Source: South Central Wisconsin MLS Added to Database
December 02, 2022