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318 Main Street Balsam Lake, WI
$299,900 | MLS #1590381
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Property Description:
Don’t miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there’s a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.
Directions:
From State Hwy 8 go North on Hwy 46 to Balsam Lake to property on Right
LISTING OFFICE:
Property Executives Realty
Property Details
County
Polk
School District
Unity
Above Grade
3,580 sq. ft.
Below Grade
0 sq. ft.
Year Built
1938
Age
87 yrs old
Style
Commercial
Property Type
CommercialSale
Lot Size
0 x 0 x
Acreage
0.09 acres
Property Taxes
$2,031
Tax Year
2024
Features
Basement
Full
Cooling
WindowUnits
Exterior
Brick,Stone
Heating
HotWater
Roads
CityStreet
Sewer
PublicSewer
Water
Public
DAVID JOHNSON
Realtor®
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Donnellan Real Estate are marked with the NW WI MLS icon. The information, provided by seller, listing broker and other parties, may not have been verified.
DISCLAIMER:
This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This data is updated every business day. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
This data is current as of: Saturday, April 19th, 2025
Copyright © 2025 Northwestern Wisconsin MLS Corporation. All rights reserved.
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