2626 New Pinery RdPortage, WI 53901

  • Commercial real estate
  • 0.49 AC
For Sale
$524,000 View listing

Property Details for 2626 New Pinery Rd

Year built
2009
Lot size
0.49 AC
Property type
Commercial real estate
APN
11271-2477.C
APU
112712477C

Description

This exceptional 3,150 square foot commercial building, situated on a 0.49-acre lot at 2626 New Pinery Road in Portage, Wisconsin, presents a unique investment opportunity. Boasting 75 feet of street frontage on busy Highway 51 (New Pinery Road), this property offers unparalleled visibility and accessibility. Constructed in 2009, the building is in excellent condition, both inside and out, and is currently occupied by a well-established salon with a 40+ year history in the Portage area. The salon benefits from a strong customer base and excellent reputation. The sale includes all existing furniture, equipment, and inventory. The property features a spacious, well-maintained interior and ample paved parking in both the front and rear. This turnkey operation is ideal for a savvy investor seeking a profitable, established business with significant growth potential. Showings are available on Sundays and Mondays, all day, or weeknights after 6:00 pm. Interested parties must provide proof of funds or a pre-approval letter prior to scheduling a showing. Financial statements (P&L's) will be provided after the initial showing. The asking price for this remarkable property is $524,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,438,322
    Hospitality
    $4,065,479
    Educational
    $3,382,431
    Medical
    $3,498,758
    Retail
    $5,261,559

Location Insight

City
Portage
County
Columbia
State
Wisconsin
Latitude
43.5614
Longitude
-89.4703
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,378
$42,200
$373,800
$416,000
-
$44,226
$391,742
$435,968

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