107-111 S 2nd St Watertown, WI
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Mixed-use property featuring residential, retail, and event spaces.
Type:RETAIL
Property size:
10,530 SFLot size:
0.11 AcresPrice / SF:
$123/SF- Added:
- Feb 21, 2025
- Days on Market:
- 432
- Last Refresh:
- Apr 5 at 8:44 pm
Property Features for 107-111 S 2nd St
General Information
- Standard status
- Active
- Size
- 10,530 SF
- Lot size
- 0.11 Acres
- Property subtype
- RETAIL
Listing agent Ryan Dworak (262) 339-7791
Listing office KW Commercial | Milwaukee North Shore (262) 339-7791
Listing date Feb 21, 2025
Source Moodyscre
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Overview
Mixed-Use Property with Income Potential
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.
Location Intelligence
Current Use by Public Records
Commercial kitchens
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Dodge
- State
- Wisconsin
- Longitude
- -88.723
- Latitude
- 43.1938
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property featuring residential, retail, and event spaces.
Where is this mixed-use property located?
The property is located at 107-111 S 2nd St Watertown, WI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Diverse income streams from 7 residential units, 2 retail spaces, event hall, commercial kitchen, and bar.; Significant value‑add opportunity with event hall, commercial kitchen, and bar for various hospitality ventures.; High‑visibility, high‑traffic location in a high‑demand rental market.
