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315 S Main St

Blanchardville, WI 53516
  • $439,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 1933089
UPDATED: 19 min ago
$439,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1895
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing courtesy of Exit Realty Hgm

Description

OLD THEATER -VACANT COMMERCIAL SPACE. Residential units (8@1BR and 3@2BR) are never vacant long. Cash flows nicely as-is but upside potential is huge! Could use plenty of updating, but many units have been redone. Licensee interest. 48 hour notice. 1st showing 1 unit, basements, hallways, exterior and commercial space. Required As-is Addendum; after acceptance Buyer will have 7 days to inspect all units & cancel contract, thereafter "As-is" sale. 315 S Main= one tax parcel but 2 "buildings" - Zwiefel Bldg (theater) and "The Blanchardville." 3 residential units access from back, 8 access from front. 2 basements (mech under theater & flood damaged apt/storage under Blanchardville). Priced at 9% cap rate.

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© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Dubuque, Dyersville & Maquoketa. Data last updated: 2022-05-28T21:41:41.983.
www.exitdubuque.com/homes/128249583
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315 S Main St Blanchardville, WI 53516

  • Price: $439,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 19 min ago
  • MLS #: 1933089
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1895
Built
Neighborhood:
Blanchardville - V
County:
Lafayette
Area:
Blanchardville - V
Elementary School:
Call School District
Middle School:
Call School District
High School:
Pecatonica
School District:
Pecatonica
Property Description
OLD THEATER -VACANT COMMERCIAL SPACE. Residential units (8@1BR and 3@2BR) are never vacant long. Cash flows nicely as-is but upside potential is huge! Could use plenty of updating, but many units have been redone. Licensee interest. 48 hour notice. 1st showing 1 unit, basements, hallways, exterior and commercial space. Required As-is Addendum; after acceptance Buyer will have 7 days to inspect all units & cancel contract, thereafter "As-is" sale. 315 S Main= one tax parcel but 2 "buildings" - Zwiefel Bldg (theater) and "The Blanchardville." 3 residential units access from back, 8 access from front. 2 basements (mech under theater & flood damaged apt/storage under Blanchardville). Priced at 9% cap rate.
Exterior Features

Exterior Brick Type 3 Story Unit1 Parking 1 Space Unit2 Parking 1 Space

Interior Features

Basement FullOther Foundation Clothes Dryers 0 Clothes Washers 0 Dish Washers 4 Heating Type Other Number Of Efficiencies 0 Number Of One Bedrooms 8 Number Of Three Plus Beds 0 Number Of Two Bedrooms 3 Refrigerators 11 Stoves 11 Unit1 Bedrooms 1 Unit1 Full Baths 0 Unit1 Half Baths 1 Unit1 Kitchen Dim 0X0 Unit1 Living Great Room Dim 0X0 Unit1 Master Bedroom Dim 0X0 Unit1 Sq Ft 600 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 800 Units With AC 10

Property Features

Association South Central Wi City Town Or Village Village County Quarter Lafayette Ne Fuel Electric Furnaces 12 Legal Documents Income/Exp Report AvailJoint Driveway AgreementLease(S) On File Mailing City Blanchardville Net Operating Income 39570 Net Taxes 5622 Open House No Other Marketing Area Blanchardville - V Park Unit Outside Source Acreage Other Tax Year 2021 Total Expenses 31290 Total Income 70860 Unit1 Rent 600 Unit2 Rent 800 Utilities Separate Elec MetersSeparate Gas Meters Water Heaters 8 Water Softeners 0 Water Waste Municipal SewerMunicipal Water Year Built Source Other Zoning Multi

Listing information © 2022 South Central Wisconsin MLS.
Listing provided courtesy of Exit Realty Hgm.



© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Dubuque, Dyersville & Maquoketa. Data last updated: 2022-05-28T21:41:41.983.
 
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EXIT Realty Dubuque, Dyersville & Maquoketa
1200 Cedar Cross Rd.
Dubuque IA, 52003
Listing courtesy of Exit Realty Hgm
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