116 W Main Street

$258,000 – Durand, WI

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.

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Property Features

Basement: Full
Cooling: Ductless
Electric: Circuit Breakers
Fireplace: N
Foundation: Stone
Heating: Forced Air, Heat Pump, Space Heater
Sewer Service: Public Sewer
Water Service: Public

Room Properties

Includes
Electric Water Heater

Directions
Main Street on the river side. In the City of Durand.

Legal
Easterly 1/2 of Lot #5 - Block #1 Range 1 West of Base line, City of Durand

Listing Agent
Gregory Heit

Listing Agency
Heit Realty