About 104 High Street
Exceptional mixed-use investment opportunity in the heart of historic Mineral Point. This income-producing property features six fully leased residential apartments generating over $73,800 in annual gross income, plus an established commercial tenant and eight additional office suites offering significant upside through future leasing or reconfiguration. A lower-level garden suite provides additional value-add potential for residential or commercial use. Numerous capital improvements have already been completed, including tuckpointing, structural reinforcements, updated electrical, newer roof, and new deck and stairs, minimizing near-term capital expenses. Located on a high-visibility corner in downtown Mineral Point, this property offers immediate cash flow with excellent long-term appreciation and income growth potential. A rare opportunity for investors seeking a stabilized asset with value-add potential in a thriving historic community.
Features of 104 High Street
| MLS® # | 2027513 |
|---|---|
| Price | $649,900 |
| Year Built | 1900 |
| Type | Multi Family |
| Status | Active |
| Detailed Status | Active |
| Net Taxes | $5,528 |
| Tax Year | 2025 |
Community Information
| Address | 104 High Street |
|---|---|
| Area | MINERAL POINT - C |
| City | Mineral Point |
| County | Iowa |
| State | WI |
| Zip Code | 53565 |
Amenities
| Utilities | Separate elec meters, Separate gas meters |
|---|
Interior
| Heating | Radiant |
|---|
Exterior
| Exterior | Brick, Stone |
|---|
School Information
| District | Mineral Point |
|---|---|
| Elementary | Mineral Point |
| Middle | Mineral Point |
| High | Mineral Point |
Additional Information
| Zoning | Com/Res |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $196,100 |
| Year Assessed | 2025 |
Open House Information
Listing Details
| Office | RE/MAX Preferred |
|---|