103 S Main Street, Alma, WI 54610
Buffalo County
Key Facts
Description
Mixed-use investment opportunity in downtown Alma, Wisconsin overlooking the Mississippi River. This well-maintained property features a leased commercial storefront on the main level and two residential units, creating a strong income-producing opportunity with leases already in place. The main floor commercial space offers prominent street frontage with large front windows and an open interior currently occupied by a salon tenant (business not included). Residential units offer spacious layouts, full kitchens, and comfortable living areas suited for long-term tenancy. Property has been carefully maintained by current ownership and includes 3-phase electrical service. Upper-level balcony and living spaces capture scenic Mississippi River views, adding to the building’s character and tenant appeal. A strong opportunity for investors seeking a stabilized mixed-use property with established rental income in Alma.
Property Information
Property Type
Commercial Sale
Year Built
1890
Living Area
4,000 sq ft
Lot Size
0.11 acres
Lot Dimensions
50 x 74 x 70 x 95
Days on Market
4
MLS® Listing#
1598491
Property Features
Cooling
Heating
Basement
Construction
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$3,325
Tax year 2025
Parcel Number
201002340000
Directions
Located on Main Street in Alma, WI.
Affordability Calculator
$45,000
Estimated monthly payment
$1,198/mo
Principal $180,000 · Est. interest $251,116 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Alma, WI
- $428,571
- Median Listing Price
- 122
- Median Days on Market
- 2,800
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 18
- Active Listings
- This home’s price is 47% below the area median.
- Its price per sq ft is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Alma, WI.
Location
Getting Around
Points of Interest in Alma, WI
Showing the Alma area map.
Nearby Schools
Alma Area School
School · 2.9 mi away
Alma High
Secondary · 2.9 mi away
Alma Elementary
Elementary · 3.1 mi away
River Valley Academy
School · 4.3 mi away
Wabasha Kellogg Public Schools
School · 5.3 mi away
Wabasha-Kellogg Elementary School
Secondary · 5.3 mi away
St Felix Catholic School
School · 7.1 mi away
Buffalo Lutheran School
School · 8.0 mi away
St Boniface School
School · 10.4 mi away
Cochrane - Fountain City School District
Secondary · 11.3 mi away
Pepin Area Schools
Secondary · 14.2 mi away
Gilmanton High
Secondary · 15.6 mi away
Gilmanton Elementary
Elementary · 15.7 mi away
Rollingstone Community School
Elementary · 16.3 mi away
St Marys School
School · 16.4 mi away
Immanuel Lutheran School
School · 16.5 mi away
Plainview Elementary School
Elementary · 16.8 mi away
School District of Spring Valley
School · 17.2 mi away
Lincoln High School
Secondary · 19.2 mi away
Lake City School District
School · 19.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 600 N Main Street, Alma, WI | $159,900 | — | — | 1,100 |
| 600 N Main Street, Alma, WI | $159,900 | — | — | — |
| 600 N Main Street, Alma, WI | $159,900 | — | — | 1,100 |
| Lot 3 Alma Hills, Alma, WI | $200,000 | — | — | — |
| 103 S Main Street, Alma, WI | $200,000 | 5 | 3 | — |
| 117 N Main Street, Alma, WI | $214,000 | — | — | 1,866 |
Moving Cost Estimate
EXIT Agents in Alma
Listing Courtesy: Jewson Realty, LLC - 651-565-2618