485 Jefferson StWaterford, WI 53185
- Other commercial real estate
- 0.33 AC
Property Details for 485 Jefferson St
- Lot size
- 0.33 AC
- Property type
- Other commercial real estate
- APN
- 191 041935063000
- APU
- 191041935063000
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,997,805
- Hospitality
- $2,745,973
- Educational
- $2,284,618
- Medical
- $2,363,189
- Retail
- $3,553,849
Location Insight
- City
- Waterford
- County
- Racine
- State
- Wisconsin
- Latitude
- 42.7567
- Longitude
- -88.2228
- CBSA code
- 39540
- CBSA name
- RACINE, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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