3,200 sqft

$184,000

217 W Cherry St, Lancaster WI, 53813

Price per sqft$57.50

Built in1890

Property size3,200 sqft

Property typeCommercial

Listed by RE/MAX Preferred

Overview

Active

Listed Mar 15, 2025

Updated 1h ago

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. This is a solid brick building & has been well maint w/numerous updates, incl furnace, plumbing, electrical, flooring, etc. The main level commercial 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 batth. All appl are incl. Rents have been $550-main level commercial unit. $500-upper effic unit & $600-1 bd upper unit. PLUS - Tenants pay $150/month toward utilities, (Total of $450/month). Full basement for storage.

Other Property Details

Taxes: $1,339
Tax Frequency: Annually

Listed by Scott Schroeder with RE/MAX Preferred 608-617-2727 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 10/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 5:09 PM UTC, 10/13/2026