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Mixed-Use Retail & Office Building
For Sale
$339,900

1604 Washington St, Two Rivers, WI 54241

Well-maintained building with a newer facade, salon and shop uses on the main level, and seven private suites below.

Property SizeContact for details
Days on Market54

Property Features for 1604 Washington St

General Information

Standard status Active

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,978
Listing Agency: Coldwell Banker Real Estate Group~Manitowoc
Listed By: Matthew Mueller · License #5521090
Source: Exprealty
Added: Jul 1 Changed: Aug 23 Last Checked: Aug 21 at 10:40PM

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 Coldwell Banker Real Estate Group~Manitowoc

Investment Insights

Based on property information with market context.

This well-maintained commercial building features a newer facade and attractive interior finishes. The main floor is currently configured for a salon and spa and includes space for a pastry and cake shop. The lower level contains seven private suites, two reception areas, and additional leased space, creating multiple income-generating areas.

The property is described as located in a vibrant downtown setting, just minutes from the city center. An adjacent city parking lot provides convenient parking for visitors and tenants.

Business opportunities within the building are also listed for sale, supporting an owner-user, investor, or redevelopment approach based on the property’s existing mixed-use layout.

Key Highlights

  • Well‑maintained commercial building built in 1957 with newer facade
  • More than 3,600 SF on each level
  • Main floor includes salon and spa plus pastry and cake shop

Property Analytics

Current Use

Linda Loves Cheesecake Bakery GJ’s Salon N ... Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54241, WI

14,258
Population
7,013
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
94%
High-School Grad
67.4 sq mi
ZIP Area
212
Density / Sq Mi
$63,415
Median Household Income
$40,659
Median Earnings
$757
Median Rent
$146,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Well-maintained building with a newer facade, salon and shop uses on the main level, and seven private suites below.
Where is this spa & wellness property located?
The property is located at 1604 Washington St Two Rivers, WI.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Well‑maintained commercial building built in 1957 with newer facade; More than 3,600 SF on each level; Main floor includes salon and spa plus pastry and cake shop
More about this property
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