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    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 SF
    Lot size:
    0.11 Acres
    Price / 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

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    Listing Contact
    Ryan Dworak

    Listing agent Ryan Dworak

    Listing office KW Commercial | Milwaukee North Shore

    Listing date Feb 21, 2025

    Source Moodyscre

    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 KW Commercial | Milwaukee North Shore


    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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Dodge
    State
    Wisconsin
    Longitude
    -88.723
    Latitude
    43.1938

    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.
    (262) 339-7791 Call to check price and availability
    More about this property
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