121 N Water St, Albany, WI

Name: 121 N Water St, For Sale in Albany - Zoocasa
Brand: ALTUS Commercial Real Estate, Inc.
SKU: 2028813
Price: 399000 USD

House

For Sale

Listed price in listed location currency (USD).

$399,000

000

MLS® 2028813

Overview

Key Facts

Type

Levels Business Opportunity

Size -

Garage

Taxes

Days Active 97

Lot Size 0 Acres

Approx. Age 999

MLS® Number 2028813

Property Address: 121 N Water St, ALBANY, WI, 53502

Average square foot calculated using Size range provided by listing agent.

Description

Mixed use investment opportunity in the heart of downtown Albany, Wisconsin. This well maintained and extensively updated building features two income producing units in a highly desirable location along the Sugar River. The commercial space is occupied by an established hemp shop under a long-term 5 year lease, providing stable rental income. The second unit is a fully furnished 2 bedroom, 2 bath Airbnb overlooking the Sugar River and Albany Dam, offering guests stunning water views and a unique destination experience. The residential unit includes in unit laundry and is being offered fully furnished for a seamless transition to new ownership. The property has benefited from numerous capital improvements, including new floor joists and support beams throughout the building, extensive exterior tuckpointing, and separate central forced air HVAC systems for each unit. Additional features include a full basement with approximately 10.5' ceilings and walkout access to the river.

MLS® Number2028813

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age999

BasementFull, Walkout/Outside entrance

DrivewayStreet Parking

Garage Spaces

Heat

A/C

Extras

Map

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