Description
THIS IS 1 OF 2 SEPARATE LISTINGS. Fantastic mixed-use investment opportunity in the heart of Berlin, WI! 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, six upper-level apartments, and an adjoining 12-space parking lot. The main level is currently owner-occupied and operated as one open-concept antique mall, creating a unique opportunity for an owner-user or an investor looking to lease all three as one storefront or three individual storefronts and unlock additional income potential. The upper-level apartments provide strong existing rental income with room for future growth. The three main-level storefronts offer significant upside income potential once leased. 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 mall 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. Two of those buildings are currently operated as antique storefronts with additional inventory, and one storefront is leased to a beauty salon. 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. The Listing agent is related to the Sellers
Details
| MLS # | 22603722 |
|---|---|
| Listing Type | For Sale |
| Style | Real Estate For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 21 |
| Listing Provided By | FIRST WEBER | JOSH SLATON |
Features
| Zoning | Commercial |
|---|
Area Information
| State | WI |
|---|---|
| County | Green Lake County |
| City | Berlin |
| Zip Code | 54923 |
| Area | Other |
| Subarea | Other |
| Listing VS Median (in 54923) | |
Price: $800,000 low | high Med: $0 On site: 21 low | high Med: | |
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Learn More About This Property
| State | WI |
|---|---|
| County | Green Lake County |
| City | Berlin |
| Zip Code | 54923 |
| Area | Other |
| Subarea | Other |
| Listing VS Median (in 54923) | |
Price: $800,000 low | high Med: $0 On site: 21 low | high Med: | |
