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
Details
| MLS # | 22603724 |
|---|---|
| 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
Area Information
| State | WI |
|---|---|
| County | Green Lake County |
| City | Berlin |
| Zip Code | 54923 |
| Area | Other |
| Subarea | Other |
| Listing VS Median (in 54923) | |
Price: $650,000 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: $650,000 low | high Med: $0 On site: 21 low | high Med: | |
