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Listed by Gregory Heit • Heit Realty
$ 258,000
Est. payment | /mo
2,400 SqFt
$ 258,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $107
MLS Listing ID 1601179
HOA Y/N No
Abv Grd Liv Area 2,400
Annual Tax Amount $1,609
Tax Year 2025
Property Sub-Type Commercial
Property Description
Dual purpose property; Residential/Commercial Rental. The main level is rented to the State of Wisconsin (DMV) for $26,500/00 per year. The State of Wisconsin remodeled the main level in 2012, (fulfilling WI State law requiring county access for DMV Licenses & Voters Registration). Improvements in 2012 included significant upgrades in technology as well as kitchenette & new handicap bathroom. This century old stone structure is overlooking the scenic Chippewa River in downtown Durand, WI. Durand is a small town but boasts many urban amenities, excellent schools--remarkably clean & safe. The building is a unique investment. Upstairs is a 2 bedroom apartment currently occupied by the owner. This residential unit is a cabin-loft in progress and commands Fabulous Views of the River! Attached to the back of the building is a cement block 24x30' storage structure with concrete floor & loading dock that can be rented for addition income. The new owner will be obligated to honor the terms and conditions of the State of WI lease. The apartment room sizes are all approximates.
Location
State WI
County Pepin
Body of Water Chippewa River
Rooms
Basement Full
Interior
Heating Forced Air, Heat Pump, Space Heater
Cooling Ductless, Window Unit(s)
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View River
Building
Sewer Public Sewer
Water Public
Schools
School District Durand-Arkansaw
Others
Tax ID 216-0008-0000