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107-111 S 2Nd St Watertown, WI 53094

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For Sale
$1,300,000

Mixed-use property featuring residential, retail, and event spaces.

Property size:
10,530 SF
Lot size:
0.11 Acres

Property Features for 107-111 S 2Nd St

General Information

Size
10,530 SF
Lot size
0.11 Acres

Source: KW Commercial | Milwaukee North Shore Agent Ryan Dworak

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


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

Mixed-use properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Watertown
County
Dodge
State
Wisconsin
Longitude
-88.7229905
Latitude
43.1937576

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.
More about this property
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