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$ 650,000
Est. payment | /mo
11,284 SqFt
$ 650,000
Est. payment | /mo
11,284 SqFt
Key Details
Property Type Commercial
Sub Type Real Estate For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 11,284 sqft
Price per Sqft $57
MLS Listing ID 22603724
Year Built 1900
Property Sub-Type Real Estate For Sale
Property Description
THIS IS 1 OF 2 SEPARATE LISTINGS. Fantastic mixed-use investment opportunity in the heart of Berlin, WI, on the block with the clock! Positioned directly along the city's main corridor, this high-visibility property benefits from steady traffic flow and excellent exposure for future retail, office, or specialty storefront use. This offering includes three connecting buildings featuring three main-level storefronts and six upper-level apartments. The 2 storefronts on the main level corner are currently owner-occupied and operated as one open-concept antique store. This is a unique opportunity for an owner-user or an investor looking to lease the other two storefronts as one storefront or two individual storefronts. The two main-level storefronts offer significant upside income potential once leased. The third storefront is currently leased to a beauty salon. The upper-level apartments provide strong existing rental income with room for future growth. Numerous updates have been completed throughout the buildings and apartments, making this an appealing option for investors seeking both existing income and future growth. The listing price includes the buildings only. Business inventory will be removed unless negotiated separately. The owners of the successful main-level antique store are retiring, creating a rare opportunity for a buyer to purchase the inventory separately and step into a fully stocked, revenue-ready business. This could be an excellent fit for an owner-occupant interested in antiques, collectibles, retail sales, and online resale opportunities. Inventory may be purchased through a separate bill of sale. Apartments pictures were taken prior to renting. Not all apartments are pictured. There is more inventory available that is not pictured. Additional investment potential is available just two doors down, where the same owners are separately offering three more buildings with six additional upper-level apartments. Included in the other listing is a 12-space parking lot. Three of those buildings are currently operated as an antique mall with additional inventory. The sellers are open to selling all six storefronts and twelve upper-level apartments together as a larger portfolio opportunity. This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, subagents or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information. Listing agent is related to the Sellers
Location
State WI
County Green Lake County
Area Other
Rooms
Basement Full, Stone
Interior
Heating Forced Air, Baseboard
Cooling Central
Exterior
Roof Type Membrane/Rubber
Building
Sewer Municipal Sewer, Municipal Water
Water Municipal Sewer, Municipal Water
Others
Tax ID 20600/460000/206001470000
Miscellaneous Electric Hot Water Heater,Utility Separate Meter,High Traffic Location,High Visibility
Energy Description Electric,Natural Gas
Listed by FIRST WEBER