$249,900

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.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Lots and Land
• Home size: 0 ft² / 0.00 m²
• MLS: 78770
• Status: Active

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