SQUARE FEET3,294
MLS#50327017
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLTwo Rivers
Listing Courtesy of:
Seidl & Associates a Div of Shorewest, Realtors
Agency Contact: OFF-D: 920-713-6212
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.
Property Features
Property Type: Commercial - Business
Basement: Yes
Lot Size: 0.16 Acres
Taxes: $2,204
Year Built: 1930
Feature Descriptions
Basement: Block, Full
Building: 2 Story
Commercial Features: Signage available, Living Space
Data Source: WIREX_RANW
Exterior: Aluminum/Steel, Brick
Heating/Cooling: Forced Air, Gas
Parking: Gravel, On Site, Shared
Special View Info: Water
Total Parking Spaces: 10.0
Units: 3
Water/Waste: Municipal Water, Municipal Sewer
Water Features: View of Water
Local Schools
School District: Two Rivers
Listed By / Shown By
Listed By
Agency Name: Seidl & Associates a Div of Shorewest, Realtors
Agency Contact: OFF-D: 920-713-6212
Shown By
Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011
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1522 Monroe Street | MLS# 50327017
This commercial property located at 1522 Monroe Street, Two Rivers, WI 54241 is currently listed for sale with an asking price of $305,000. Monroe Street is located within the Two Rivers school district. Search Two Rivers real estate on www.starkhomes.com today.