Located in the heart of historic Mineral Point, this mixed-use investment property offers immediate cash flow with significant upside potential. The property consists of six fully occupied residential apartments generating over $6,000 per month in rental income, an established commercial tenant, and eight additional office suites that may be leased individually or combined to accommodate a larger commercial user. A lower-level garden suite provides value-add potential for conversion to an additional apartment or commercial space, subject to applicable approvals.
The building has undergone numerous capital improvements, including tuckpointing, structural reinforcements, a newer roof, updated electrical, a new deck and stair system, and other major renovations, minimizing near-term capital expenditures. Positioned on a prominent corner along High Street with excellent visibility and walkability to downtown businesses, restaurants, and attractions, this is a rare opportunity to acquire a stabilized, income-producing asset with future upside in one of Wisconsin's most desirable historic communities.