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215 W Main St
Marshall, WI 53559

$425,000 USD

General Retail For Sale  •  4,800 SF

Property Details

  • Property Type General Retail
  • Total Building Size 4,800 SF
  • Year Built 1900
  • Cap Rate 11.00 %
  • Tenancy Multiple
0 Transit Score
54 Walk Score

Description

Prime Mixed-Use Opportunity in Downtown Marshall. Rare find in central business district! This versatile 2-story building offers 2,800 sq ft of commercial retail space on the main level (currently gun shop), full basement, plus a spacious 3BR/1BA apartment (2,000 sq ft) with private patio upstairs—ideal for owner-occupant or investment income. Property Includes: 0.15-acre commercial lot, additional 0.15-acre residential lot with 2-car garage, central business zoning, excellent Main Street visibility. Seller currently lives on site and operates the business. Apartment could rent for $2,000/mo and Retail Space could rent for $2,000/mo for a gross income of $48k annually for an investor. Business Opportunity: Established gun shop available with inventory and fixtures. 37 years in business. Owner willing to guide buyer on obtaining required FFL licensing. $300,000 for just the real estate or $425,000 for RE with business inventory/fixtures.

Highlights

Heavy Traffic on hwy 19
37 years in business with a great reputation
Amazing 2,000 sq ft 3 bedroom apartment with 2-car garage
Extra residential lot included

Property Flyers

Cap Rate: 11.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Tom's Gun's 2,800 SF

Public Transportation

AirportDriveWalkDistance
Dane County Regional/Truax Field 28 min - 20.1 mi
Anthony Hudzinski 608-393-4468 LTR Invesments
Anthony Hudzinski 608-393-4468 LTR Invesments