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Leased Storefront Property
For Lease
$549,900

10331 Water St, Ephraim, WI 54234

The property includes leased storefronts and a rear duplex requiring TLC.

Space SizeContact for details
Days on Market50

Property Features for 10331 Water St

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial North (CN)

Property Condition

Severity Repairs Needed
Evidence in need of TLC

Building Details

Year Built 1997
Listing Agency:
Listed By: True North
Source: Truedoorcounty
Added: Jul 11 Changed: Aug 28 Last Checked: Aug 28 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of True North

Investment Insights

Based on property information with market context.

Located at 10331 Water St in Ephraim, Wisconsin, this storefront property includes leased retail-facing spaces and a duplex positioned toward the rear. The rear residential component needs TLC and may offer additional use potential, subject to applicable requirements.

The property carries Commercial North (CN) zoning and was built in 1997. The main building roof was updated in 2023. Surrounding context includes galleries, shops, and restaurants in a Door County setting with seasonal and year-round activity.

Key Highlights

  • Leased storefronts provide existing occupancy
  • Rear duplex requires TLC
  • Commercial North (CN) zoning

Property Analytics

Current Use

Storefront properties

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54234, WI

2,072
Population
2,350
Households
0.9
Avg Household Size
61
Median Age
51%
College-Educated
99%
High-School Grad
23.4 sq mi
ZIP Area
89
Density / Sq Mi
$72,762
Median Household Income
$29,219
Median Earnings
$1,140
Median Rent
$419,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - The property includes leased storefronts and a rear duplex requiring TLC.
Where is this storefront property located?
The property is located at 10331 Water St Ephraim, WI.
What is the lease rate?
The lease rate is $549,900.
What are key features of this property?
This property features: Leased storefronts provide existing occupancy; Rear duplex requires TLC; Commercial North (CN) zoning
More about this property
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