WI > Balsam Lake > Original V Balsam Lake
Balsam Lake, WI 54810,318 Main ST
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Balsam Lake, WI 54810,318 Main ST
Balsam Lake, WI 54810,318 Main ST
Balsam Lake, WI 54810,318 Main ST
Balsam Lake, WI 54810,318 Main ST
Tiffany Molina
Tiffany Molina

Agent | License ID: 40814787

+1(651) 400-8940

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$ 275,000

$ 299,900 8.3%

Est. payment /mo
Sold on 07/21/2025

318 Main ST Balsam Lake, WI 54810

3,920 Sqft Lot

UPDATED:

Key Details

Sold Price $275,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Original V Balsam Lake

MLS Listing ID 6699705

Sold Date 07/21/25

Year Built 1938

Annual Tax Amount $2,031

Tax Year 2024

Contingent None

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 50x140

Property Sub-Type Mixed Use

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.

Location

State WI

County Polk

Zoning Business/Commercial

Rooms

Basement Full, Storage Space, Unfinished

Interior

Heating Hot Water

Cooling Window Unit(s)

Fireplace No

Appliance Dryer, Range, Refrigerator, Washer

Exterior

Parking Features On-Street Parking Only

Garage Spaces 2.0

Utilities Available Heating Common

Roof Type Flat

Present Use Professional/Office,Residential

Building

Lot Description Corner Lot

Story Two

Foundation 1440

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

Schools

School District Unity

Listed by Thomas Hartmann • Property Executives Realty
Tiffany Molina
Tiffany Molina

Agent | License ID: 40814787

+1(651) 400-8940 | tiffany@molinarealtygroup.com

GET MORE INFORMATION

Name
Phone*
Message

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318 Main ST