My Office's Listings

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$144,900
Active

Medford Area Multi-Family Home

Active

105 East Broadway Avenue Medford, WI 54451

3 Bed
2 Baths
sqft
MLS# 22234597
Virtual Tour
Location, location, location! Commercial property with duplex above, 4,800 sq ft above grade on a 0.34 acre lot with high visibility & traffic (seated on 2 full city blocks). Open commercial space on the main level (3,200 sq ft) - multiple future uses - retail, restaurant, you name it with large showcase windows on the front of the building with a living space workshop along the back of the building (the metal roof on the workshop was updated 2 years ago). Previously used as a discount retail store. Currently rented at $1,000 per month. Main level heated with 2 natural gas heaters. The upper level features 2 apartments, both are currently rented for $750 per month. Monthly income - $2,500 per month / $30,000 annually - great ROI. Unit #1 features 2 bedrooms, 1 bathroom, an office space and a nice kitchen & living area (includes the stove & refrigerator). Unit #2 features 1 bedroom, 1 bathroom and a nice kitchen & living area (also includes the stove & refrigerator).,Per the owner - the upper apartments meet code - they have 2 exits, fire alarms and the room in between for the firewall. Additionally, there is a large wooded area behind the building that could be landscaped by the future owner - creating a park-like backyard or sitting area. Also, the white storage shed is included (great extra storage). Tons of potential. Schedule your showing today!
Listing Courtesy of CENTRAL WISCONSIN / Coldwell Banker Action / Austin Solomon