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$499,900  (list price)
$499,900
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Commercial:  Apartments/Retail
Built 1905
0.1 acres
Saint Croix Falls schools
MLS# 5677557
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    Property 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!!

    Listing

    Contingency: None
    City: Saint Croix Falls
    County: Polk
    State: WI
    Property Style: Apartments/Retail
    Zip Code: 54024

    Interior

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

    Exterior

    Garage Spaces: 2
    Other Parking Spaces: 3
    Air Conditioning: Central Air, Wall Unit(s), Window Unit(s)
    Heating System:
    • Baseboard
    • Boiler
    • Fireplace(s)
    • Other
    • Radiant Floor
    Foundation Size: 3,136 ft2
    Handicap Accessible: None
    Shared Amenities:
    • Deck
    • Other
    • Porch
    Unit Amenities:
    • Ceiling Fan(s)
    • City View
    • Deck
    • Hardwood Floors
    • Kitchen Center Island
    • Kitchen Window
    • Multiple Phone Lines
    • Natural Woodwork
    • Other
    • Panoramic View
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Flat
    • Rubber

    Lake & Waterfront

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

    Lot

    Acres: 0.1
    Geolocation: 45.41083951, -92.64524738
    Lot Dimensions: 32 x 142 x 32 x 142
    Dev/Complex Name: Original C St Croix Falls
    Zoning: Business/Commercial
    Lot Description: Irregular Lot

    Schools

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

    Expenses

    Tenant Expenses: Electricity, Fuel, Trash Collection

    Financial & Taxes

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

    Unit

    Total Units: 6

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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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 TheMLSonline.com and should be verified by the buyer.