107-111 S 2nd St, Watertown, WI

This mixed-use property offers income-generating opportunities with potential for growth. It features an event hall, a commercial kitchen, a bar, two retail spaces, and seven residential apartments. One retail space is currently leased to a tattoo shop, with the other available for a new tenant or owner use. The event hall, kitchen, and bar provide an opportunity for an investor or operator to capitalize on the demand for event venues, catering services, or bar operations. The seven residential units provide a steady income stream, appealing to both long-term and short-term rental strategies. There is potential to secure another long-term tenant or customize the available retail space for a high-demand commercial use. The property is located in a high-visibility, high-traffic area. The property offers a lucrative investment opportunity, featuring seven fully occupied residential units, two leased commercial storefronts, and a 3,300-square-foot banquet hall. All seven residential units are currently rented on month-to-month leases, providing flexibility for rent increases or lease restructuring to maximize returns. Both retail commercial spaces are leased to long-term tenants, ensuring steady cash flow. The commercial kitchen, bar, and banquet hall can be leased out separately or operated as an event venue, restaurant, catering business, or shared commissary kitchen. The property size is 10,530 square feet.