Contact us: 563.441.1776
Description
This 3 unit income property in downtown Lancaster has a commercial space on the main level & 2 residential units on the upper w/nice wood floors. This is a solid brick building & has been well maint w/numerous updates, incl furnace, plumbing, electrical, flooring, etc. The main level commercial space is vacant & could be used for numerous purposes. It has a full bath, an office, as well as a lg storage area. Lg display windows & is very clean. There's a 1 bd unit upstairs occupied, m-to-m. That unit has an open concept w/a nice kit area, liv rm & din area. There is a nice bathroom w/laundry. The other upper space is an efficiency unit w/a full batth. All appl are incl. Rents have been $550-main level commercial unit. $500-upper effic unit & $600-1 bd upper unit. PLUS - Tenants pay $150/month toward utilities, (Total of $450/month). Full basement for storage.
Property Highlights
Property Type: Commercial - Business
Year Built: 1890
General Information
County: Grant
Listed By:
RE/MAX Preferred
Pref: 608-617-2727
SCWMLS
MLS ID: 1995303
Listing Courtesy of:
RE/MAX Preferred
Agency Contact: Pref: 608-617-2727
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217 W Cherry St, Lancaster, WI 53813.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $188,000 | $188,000 | $188,000 |
| Down Payment | $37,600 | $6,580 | $47,000 |
| Monthly Mortgage Amount | $938 | $1,152 | $1,171 |
| Taxes | $262 | $262 | $262 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $83 | $0 |
| Monthly Estimated Total | $1,300 | $1,597 | $1,533 |
Disclaimer:
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright © 2026 South Central Wisconsin MLS Corporation. All rights reserved
Privacy Policy / DMCA Notice / ADA Accessibility
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