202 North Main Street
Jefferson, WI 53549

For Sale

$199,999

2 Beds

1 Bath

3,146 SqFt

Single Family

$2070/mo

A MIXED-USE BUILDING ALREADY CASH FLOWING!!!

This is a UNIQUE OPPORTUNITY that does not come by often. A MIXED-USED BUILDING already CASH FLOWING!!!

An iconic mixed used building offers 2 units! One residential unit and one commercial unit. This type of property gives its new owner the added stability of a long term, established tenant. Total square footage is 3,146 square feet.

The upper unit is a residential space that offers 2 bedrooms and one bathroom. Tenants are allowed one parking space and complete access to garage space for added storage.

The lower unit is occupied by Central Jefferson Chiropractic, a practice that has occupied the unit for over 30 years. They are solid, long term tenants with a well-established client base. The tenant has a long history of payments and maintaining a clean business operation and has the sole focus to continue his practice into the next generation with a continuing long-term relationship with its location. The tenant and his office staff are all amazing to work with.

Each unit has its own electric meters and a single meter for both gas and water that generates a bill that is equally divided by both tenants each month.

**Upper unit is VACANT but rent-ready and is being marketed at $650 per month. (Optional upgrades will likely increase the rent, easily $750-$795 per month).
**Ground unit rents at $1,420 per month.
**Total monthly rental of $2,070.

Property Analysis