1103 Superior AveTomah, WI 54660

  • Other commercial real estate
  • 0.09 AC
For Sale
$239,900 View listing

Property Details for 1103 Superior Ave

Lot size
0.09 AC
Property type
Other commercial real estate
APN
286-01967-0000
APU
286019670000

Description

This exceptional commercial property located at 1103 Superior Avenue in Tomah, Wisconsin, presents a unique investment opportunity. The 3,160 square foot building sits on a 0.09-acre lot and offers a diverse income stream. Currently, the first floor houses a thriving POP Golf business, providing immediate cash flow. The existing layout allows for the potential to subdivide the ground floor space into multiple smaller commercial units, significantly increasing rental income possibilities. Adding to the property's appeal are two separate residential rental units located on the upper floors. Each unit is a 2-bedroom, 1-bathroom apartment. Unit A commands a monthly rent of $1,000, while Unit B generates $850 per month in rental income. This translates to a substantial annual rental income from the residential units alone. The property's strategic location in Tomah, Wisconsin, offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The combination of commercial and residential rental income makes this a truly diversified and potentially high-yield investment. This is a rare opportunity to acquire a well-established, income-producing property with significant upside potential. The existing POP Golf business provides a stable foundation, while the potential for expansion and increased rental income offers significant long-term growth prospects. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $824,938
    Hospitality
    $755,639
    Educational
    $628,683
    Medical
    $650,304
    Retail
    $977,951
1103 Superior Ave, Tomah, Wisconsin

Location Insight

City
Tomah
County
Monroe
State
Wisconsin
Latitude
43.9766
Longitude
-90.5052

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
$2,050
$21,600
$74,200
$95,800
-
-
-
$120,000

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