202 S 3rd St - Storefront Retail/Residential FOR SALE


Watertown, WI 53094
$279,900 USD
920-279-8300
202 S 3rd St, Watertown, WI for Sale
$279,900 USD
Storefront Retail/Residential - FOR SALE
1/17
null | 9.43% Cap Rate

Sep '26


202 S 3rd St
Watertown, WI 53094


HIGHLIGHTS

  • Continuously rented since owned
  • Completely remodeled retail and both apartments

OVERVIEW

3 unit, 2-story Mixed use building. 940 sf street level storefront and (2) 1-bedroom apartments upper. Generated $31,800 in gross income and a NOI of $26,400 in 2025. Roof and mechanicals are mid-life and in good condition. Retail has been remodeled with new ceiling and flooring. One apartment is full 1 bedroom with remodeled bath, new flooring, newer appliances, and updates. The second apartment is a 1 bedroom efficiency and has remodeled bath and new layout kitchen. Stairwell and halls have been updated paint, lights, and flooring.

FOR SALE DETAILS

PRICE

$279,900 USD

PRICE/SF

$140 USD /SF

CAP RATE

9.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,699 SF

ZONING

CB-Central Business

APN/PARCEL ID

291-0815-0412-260

ASK ABOUT THIS PROPERTY

Daniel RahfaldtDeerfield PropertiesMore Info
920-279-8300

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Daniel RahfaldtDeerfield PropertiesMore Info
920-279-8300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.