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127 N Main St 1,785 SF 100% Leased Retail Building Amherst, WI 54406 $329,000 ($184.31/SF) 8.51% Cap Rate
Investment Highlights
- Established Bakery Tenant
- Prime Downtown Amherst Location
- Proven Airbnb Performance
Executive Summary
Exciting opportunity to own a unique mixed-use property in the heart of downtown Amherst, WI! The first floor is home to a long-standing bakery tenant, while the second floor features a highly successful and beautifully renovated Airbnb with more than 200 reviews and an impressive 4.96/5 rating.
The upstairs “flatlet” offers guests a one-of-a-kind experience overlooking the working bakery below—complete with the aromas of fresh bread and cinnamon rolls. Thoughtfully renovated using salvaged and repurposed building materials, the studio blends character, charm, and functionality in a memorable downtown setting.
This property offers an appealing combination of established commercial tenancy, proven short-term rental performance, and a distinctive location along Amherst’s Main Street. An excellent opportunity for an investor seeking multiple income streams in a truly unique property.
The upstairs “flatlet” offers guests a one-of-a-kind experience overlooking the working bakery below—complete with the aromas of fresh bread and cinnamon rolls. Thoughtfully renovated using salvaged and repurposed building materials, the studio blends character, charm, and functionality in a memorable downtown setting.
This property offers an appealing combination of established commercial tenancy, proven short-term rental performance, and a distinctive location along Amherst’s Main Street. An excellent opportunity for an investor seeking multiple income streams in a truly unique property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,785 SF
Building Class
C
Year Built
1900
Price
$329,000
Price Per SF
$184.31
Cap Rate
8.51%
NOI
$27,993
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.44
Lot Size
0.03 AC
Frontage
16’ on North Main Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 102-25-01 | Improvements Assessment | $91,300 |
| Land Assessment | $9,200 | Total Assessment | $100,500 |
Property Taxes
Parcel Number
102-25-01
Land Assessment
$9,200
Improvements Assessment
$91,300
Total Assessment
$100,500
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