Extremely solid income producer with potential for growth! This landmark iconic building has (30) residential units on the 2nd and 3rd floors, and (5) commercial tenants on the first floor, 98% occupancy. One unit is in remodel process. The Marion is situated near the historic district, next to the lake, downtown and the University of Wisconsin-Stout Bell Tower. Near the Mabel Tainter Theatre, Lake Menomin, historic Menomonie downtown. City has many major, manufacturing companies, including 3M, Phillips, Anderson Windows, to name a few. Bike trails, shopping, Mayo Hospital nearby. Many updated improvements including new roof, New windows, fire system, remodeling in some units. Fiber optic internet coming soon. Long term commercial tenants. Annual leases for almost all residential units.
|Fuel Source||Hot Water,Natural Gas,Radiant|
|Heating||Hot Water,Radiant,Other-See Remarks|
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Last Updated September 22nd 2023