147 Main StAmherst, WI 54406

Property Details for 147 Main St

Year built

1900

Property size (Sq ft)

3,503 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a fully occupied four-unit commercial building situated at 147 Main Street North in the thriving business district of Amherst, Wisconsin. The property boasts a total of 3,503 square feet and comprises two ground-floor commercial spaces and two upper-level apartments. All units are currently leased to long-term tenants, ensuring consistent rental income. Recent lease updates include built-in escalations, resulting in highly attractive current capitalization rates—among the best available in the market. This translates to a significant cash flow with a minimal down payment, making it an ideal investment for those seeking a strong return on investment. The property's exceptional rental history and meticulous maintenance further enhance its appeal. With a capitalization rate exceeding 10%, this four-unit building represents a rare and highly sought-after investment opportunity in the current market. The property's prime Main Street location within Amherst's bustling business area guarantees high visibility and accessibility. This is a turnkey investment ready to generate immediate income. Don't miss this chance to acquire a truly exceptional commercial property.

Location Insight

City

Amherst

County

PORTAGE

State

Wisconsin

Latitude

44.4513

Longitude

-89.285

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