Property Description

An impressive, historic building in downtown Stevens Point offers flexible possibilities and strong income potential, with B3 Central Business District zoning. Currently used as an owner-occupied multi-rental apartment building, it includes 12 apartments, mostly with 1 or 2 rooms. The largest unit features 2 bedrooms and 1 bathroom, plus a kitchen, living room, dining room, access to the basement, and access to the 3+ car garage. With 21 rooms and 5 bathrooms across more than 6,462 sq ft on two floors, the layout includes three shared bathrooms serving multiple apartments. There is also a full basement with two entrances, one from the main apartment and another from the garage, along with several parking spaces in the lot outside the garage and 8 additional spaces in the adjoining parking lot to the west. The third floor is ready for future development, and the property could be converted back to a single-family home if more space is desired. Sold AS IS. Grants and low interest rate loans are available for restorations on this historical building.

Property Features