Mixed-Use Property with Income
107-111 South 2nd Street, Watertown, WI 53094
Mixed-use property featuring event hall, commercial kitchen, retail, and apartments.
Type:MF, SPEC, MU
- Added:
- Feb 23, 2025
- Days on Market:
- 455
- Last Refresh:
- Apr 3 at 5:02 am
Property Features for 107-111 South 2nd Street
General Information
- Standard status
- Active
- Property subtype
- MF, SPEC, MU
Building Details
- Year Built
- 1890
Listing agent Ryan Dworak License #112091 - 94, Wisconsin (262) 339-7791
Listing office KW Commercial | Milwaukee North Shore | Ryan Dworak (262) 339-7791
Listing date Feb 23, 2025
Source Realnex
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 | Ryan Dworak
HighLights
- Diverse income streams from event hall, commercial kitchen/bar, retail spaces, and residential apartments.
- Significant value‑add opportunity with event hall, kitchen, and bar.
- Seven residential units provide a steady income stream.
- One retail space is currently leased, with the other available.
- All residential units are currently rented on month‑to‑month leases, providing flexibility.
- Property is located in a high‑demand rental market.
Overview
This mixed-use property offers diverse income opportunities and growth potential. It includes an event hall, a fully equipped commercial kitchen, a bar, two retail spaces, and seven residential apartments. One retail space is currently leased to a tattoo shop, while the other is available for a new tenant or owner. The event hall, kitchen, and bar offer value-add potential for an investor or operator looking 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. All seven residential units are currently rented on month-to-month leases, providing flexibility for rent increases or lease restructuring. The other retail commercial space is 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. Located in a high-demand rental market, this property offers a diverse and stable income stream.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Dodge
- State
- Wisconsin
- Longitude
- -88.7470843
- Latitude
- 43.2555465
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property featuring event hall, commercial kitchen, retail, and apartments.
Where is this mixed-use property located?
The property is located at 107-111 South 2nd Street 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 event hall, commercial kitchen/bar, retail spaces, and residential apartments.; Significant value‑add opportunity with event hall, kitchen, and bar.; Seven residential units provide a steady income stream.
