Welcome to 701 Main Street, a prime commercial opportunity in the heart of Portage! Currently operating as the Royal Ballroom, this expansive 15,500 sq. ft. building offers incredible versatility & potential for future development. The main floor features a grand ballroom, full-service kitchen, bar, two restrooms, & abundant storage, perfect for hosting events or transforming into a new business venture. The second floor is fully framed for five 1-bedroom, 1-bathroom apartments, offering excellent income potential, while the spacious unfinished basement provides endless possibilities for expansion or additional use. Conveniently located adjacent to a borough-owned parking lot, this property also includes all furniture, equipment, & the established book of business. The Royal Ballroom will continue operating as usual until further notice, making this a turnkey investment with both immediate returns & long-term growth opportunities.
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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