For Sale
$319,900

485 Jefferson StWaterford, WI 53185

Versatile Commercial Space w/ Apartment Income

Overview

Added:
Feb 3
Days on market:
63
This exceptional 3,780 square foot commercial building, situated on a 0.33-acre lot at 485 S Jefferson STREET in Waterford, WI, presents a unique investment opportunity. The main floor, recently updated over the past five years, offers a flexible space ideal for a variety of business ventures. Its prime downtown location ensures excellent visibility and accessibility, attracting potential customers. The property's General Business zoning allows for a wide range of uses, making it suitable for restaurants, retail, or offices. Ample parking is available, catering to the needs of both businesses and customers. Adding to its appeal, a comfortable two-bedroom, one-bathroom apartment occupies the upper level, currently leased to a long-term tenant, providing a consistent stream of rental income. While some cosmetic improvements may be desired, this property's strong location and versatile layout offer significant upside potential for the discerning investor. The asking price is $319,900. This is a rare chance to acquire a well-located commercial property with immediate income potential in the thriving Village of Waterford. Don't miss this opportunity to own a piece of Waterford's vibrant business community.

Property Details for 485 Jefferson St

Property type
Square Feet
3,780 SF
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Waterford
County
RACINE
State
Wisconsin
Latitude
42.75669
Longitude
-88.22277
485 Jefferson St, Waterford, Wisconsin

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485 Jefferson St
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