1522 Monroe Street, Two Rivers, WI, 54241

3,294 Sq. Ft.

MLS# RAN50327017

Estimated monthly payment:

Built in 1930

$92.59/sqft

Taxes: $2,204.09

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.

Price per sq ft$92.59
Floors2 floors
Area, sq ft3,294 sq ft
Lot size, sq ft7057 acres
Lot Size, acres0.16
Year built1930
For Sale or RentFor Sale
Parcel Number000-074-013-8
HeatingForced Air
FeaturesBuilding Sign, Living Space Avail, Offices
Water SourcePublic
SewerPublic Sewer
Tax Amount$2,204.09

Other Information

Inclusions:
2 Refrigerators, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers

Exclusions:
Tenants Personal Property

Spec Sheet

Contact Agency

Adashun Jones, Inc.

920-923-4433

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Listing Provided by: Seidl & Associates a Div of Shorewest, Realtors | dpouwels@shorewest.com