1103 Superior AveTomah, WI 54660
- Other commercial real estate
- 0.09 AC
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
Location Insight
- City
- Tomah
- County
- Monroe
- State
- Wisconsin
- Latitude
- 43.9766
- Longitude
- -90.5052
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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