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    10331 Water St Ephraim, WI 54234

    For Sale
    $599,900

    Commercial - Ephraim, WI

    Property size:
    1,865 SF
    Lot size:
    1.46 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 10331 Water St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial North (CN)
    Interior features
    Restroom/Lavatories-Two
    Exterior features
    Sidewalks, Sign
    Size
    1,865 SF
    Lot size
    1.46 Acres

    Utilities

    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Central Air, Multi Units, Wall Unit(s)

    Building Details

    Year built
    1997
    Architectural style
    Other

    Keller Williams Realty [email protected]

    Listing agent Ryan Ropson (920) 632-7702

    Listing date Aug 20, 2025

    MLS# 143644 Listing URL

    Copyright © 2025 Door County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ephraim Commercial Investment Opportunity

    This commercial property is located in Ephraim, Wisconsin, a Door County town known for tourism. The property features storefronts that are currently leased, offering immediate income. A duplex is located towards the rear of the property and requires TLC, but could provide additional space for a seasonal residence or rental option. The property is located near galleries, shops, and restaurants, and benefits from high traffic and visibility, making it suitable for businesses aiming to attract tourists or locals. The roof on the main building was updated in 2023. The property is zoned Commercial North (CN) and has a lot size of 1.46 acres. The living area is 1865 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Auto Repair Shop Hotel & Motel Kitchen & Bath Storage Facility Bed & Breakfast Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ephraim
    County
    Door
    State
    Wisconsin
    Longitude
    -87.0972
    Latitude
    45.1827

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    FAQs

    What type of property is this?
    Storefront property - Commercial property in Door County with storefronts and duplex.
    Where is this storefront property located?
    The property is located at 10331 Water St Ephraim, WI.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - High-traffic location in Door County, ideal for attracting tourists and locals.; - Storefronts are currently leased, providing immediate income.; - Updated roof on the main building (2023).
    (920) 632-7702
    Request Owner's contact information
    10331 Water St Ephraim, WI 54234
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    Ephraim, WI 54234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10331 Water St Ephraim, WI 54234
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