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217 W Cherry St Lancaster, WI 53813 • Commercial - Business • Active

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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. The entire building is Vacant at the present time. This is a solid brick building & has been well maint w/numerous updates, incl furnace, plumbing, electrical, flooring, etc. The main level 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 ba, currently vacant. All appl are incl. Rents have been $650-comm unit. $800-effic unit & $1000-1 bd unit. Seller pays utilities. Fl 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
$214,000
Est. $1,438/mo

Listing Courtesy of: RE/MAX Preferred
Agency Contact: Pref: 608-617-2727
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Active
SQUARE FEET3,200 MLS#1995303
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Shown By

Jason Anderson
 (309) 207-0907

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217 W Cherry St, Lancaster, WI 53813.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $214,000$214,000$214,000
Down Payment $42,800$7,490$53,500
Monthly Mortgage Amount $1,040$1,277$1,322
Taxes $298$298$298
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$94$0
Monthly Estimated Total $1,438$1,769$1,720

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/07/2026. The listing information on this page last changed on 07/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/07/2026 2:51:46 AM EST) or MRED MLS (last updated Tue 07/07/2026 2:04:27 AM EST) or SCWMLS (last updated Mon 07/06/2026 11:54:37 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 07/06/2026 10:16:46 PM EST) or Cedar Rapids MLS (last updated Mon 07/06/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Tue 07/07/2026 1:18:41 AM EST) or ICAAR MLS (last updated Mon 07/06/2026 11:37:32 PM EST) or ECIMLS (last updated Mon 07/06/2026 11:44:32 PM EST) or RMLSA (last updated Tue 07/07/2026 1:10:56 AM EST) or Muscatine MLS (last updated Tue 07/07/2026 2:00:08 AM EST) or No Coast MLS (last updated Tue 07/07/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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