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$ 305,000
Est. payment | /mo
3,294 SqFt
$ 305,000
Est. payment | /mo
3,294 SqFt
Key Details
Property Type Commercial
Sub Type Other,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,294 sqft
Price per Sqft $92
MLS Listing ID 50327017
Year Built 1930
Annual Tax Amount $2,204
Lot Size 7,057 Sqft
Acres 0.16
Property Sub-Type Other,Retail
Property Description
Income-producing commercial property in the heart of Two Rivers offering an excellent opportunity for investors, entrepreneurs, or owner-occupants. Located on a corner lot along the West Twin River with scenic river views, this property features retail/commercial space with excellent visibility, office space, and ample parking. The upper level includes a 2BR/1BA and a 1BR/1BA apartment, both with in-unit laundry and month-to-month leases. Recent updates include electrical, plumbing, and gas lines, plus renovations to the 1BR unit. Generating an attractive 8% cap rate with strong cash-flow potential. Conveniently located near shopping, restaurants, marinas, parks, and Lake Michigan beaches.
Location
State WI
County Manitowoc
Area Manitowoc County
Zoning commercial
Rooms
Basement Block, Full
Interior
Cooling Forced Air, Gas
Inclusions 2 Refrigerators, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers
Exterior
Exterior Feature Aluminum/Steel, Brick
Garage Spaces 10.0
Parking On Site 10
Building
Dwelling Type 2 Story
Story 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Two Rivers
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Listed by Seidl & Associates a Div of Shorewest, Realtors