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$ 330,000
Est. payment | /mo
3,728 SqFt
$ 330,000
Est. payment | /mo
3,728 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $88
MLS Listing ID 50329286
Year Built 1900
Annual Tax Amount $5,726
Lot Size 1.040 Acres
Acres 1.04
Property Description
Exceptional investment opportunity featuring a landmark former supper club and bowling alley with significant income potential. The property currently generates approximately $4,000 per month in rental income, (full occupancy exceeds $8,000 per month). The residential component includes 5 apartment units with private baths plus 6 individual rental rooms sharing a common bath, offering flexible rental options. The former restaurant includes a spacious bar, commercial kitchen equipment, furnishings, and dinnerware. Plumbing, HVAC, and Electrical updates have been completed, while continued cosmetic improvements provide an opportunity to add value. Room sizes are approximate and should be verified by buyer.
Location
State WI
County Manitowoc
Area Manitowoc County
Zoning Commercial,MULTI-FAMILY(5+UNITS)
Rooms
Basement Full, Walk Out/Outer Door, Block, Poured Concrete, Stone
Interior
Heating Electric, Natural Gas
Cooling Forced Air, Radiant
Exterior
Exterior Feature Aluminum/Steel, Brick
Building
Lot Description Level
Dwelling Type 2 Story
Sewer Well, Municipal Sewer
New Construction N
Schools
School District Mishicot
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Listed by Shorewest, Realtors