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1201 Water St 6,564 SF Retail Building Stevens Point, WI 54481 $625,000 ($95.22/SF)



INVESTMENT HIGHLIGHTS
- Four distinct lease opportunities
- Outside seating area
- Loading dock
- Downtown location
EXECUTIVE SUMMARY
Great location with great options! Located in the heart of downtown Stevens Point, this building has been well cared for and updated! While the current owner is utilizing the entire building for their business, with two entrances and a shared common area, the 3,800 square foot main floor has been leased to three different tenants in the past. One of the main floor units has a loading dock, very uncommon for the downtown area! The second floor is accessible from its own entrance and is served by an elevator or stairs. The 2,700+ square foot second floor is currently used as a tasting room for a winery. The vaulted ceiling and “North Woods Feel” are a great fit with Stevens Point’s bustling Market Square. The west side of the building has frontage to Highway 66 and even has a serving window to draw business as people pass between the downtown area, Bukolt Park and the Green Circle Trail! This location has it going on! With the ability to both operate your business and lease to multiple tenants, this is a great investment opportunity!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,564 SF
Building Class
C
Year Built/Renovated
1929/2015
Price
$625,000
Price Per SF
$95.22
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.55
Lot Size
0.10 AC
Opportunity Zone
Yes
Frontage
84’ on Water Street
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 281-24-0832201603 | Improvements Assessment | $318,300 |
| Land Assessment | $33,100 | Total Assessment | $351,400 |
PROPERTY TAXES
Parcel Number
281-24-0832201603
Land Assessment
$33,100
Improvements Assessment
$318,300
Total Assessment
$351,400
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1201 Water St
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