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Renovated Mixed-Use Building
For Sale
$499,000

175-173 E Chestnut Street, Burlington, WI 53105

Historic commercial property combining retail space, basement access, and an updated upstairs apartment with separate utilities.

Property SizeContact for details
Days on Market8

Property Features for 175-173 E Chestnut Street

General Information

Standard status Active
Total Parking Spaces 2

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,375

Building Details

Year Built 1885
Year Renovated 2006
Buildings 1
Listing Agency: RE/MAX Liberty
Listed By: Uhl Plassmeyer Group* · License #5230590
Source: Exprealty
Added: Sep 4 Changed: Sep 10 Last Checked: Sep 10 at 3:03PM

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 RE/MAX Liberty

Investment Insights

Based on property information with market context.

This mixed-use property combines a street-level retail component with a residential apartment above. The main floor contains 1,000 square feet of retail space and connects to a 1,000-square-foot basement. The upper level provides a 1,500-square-foot apartment with 2 bedrooms and 2.5 baths. Two deeded, dedicated parking spaces are included, and commercial and residential utilities are separately metered.

Originally constructed in 1885, the building has undergone extensive improvements, including exterior wall renovation, foundation repairs, new framing, HVAC, electrical and plumbing systems, foam insulation, and replacement windows. The apartment received new carpet and paint in 2018, its water heater was replaced in 2022, and the roof is new in 2026. The property is located in Burlington Downtown Historic District near downtown shops and dining.

Key Highlights

  • 1,000 SF retail area with access to a 1,000 SF basement
  • 1,500 SF upstairs apartment with 2 bedrooms and 2.5 baths
  • Originally built in 1885 and fully renovated

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Furniture & Home Goods

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

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 28% Home Improvements & Furnishings 14% Hotels & Casinos 3%
McDonald's Dining
19,107 visits/mo 0.3 miles
Casey's Shops & Services
10,563 visits/mo 0.5 miles
Reinemans True Value Home Improvements & Furnishings
5,794 visits/mo 0.1 miles
Charcoal Grill Dining
4,840 visits/mo 0.2 miles
North Shore Bank Shops & Services
1,242 visits/mo 0.5 miles

Demographics for 53105, WI

29,654
Population
12,995
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
159.5 sq mi
ZIP Area
186
Density / Sq Mi
$88,798
Median Household Income
$48,254
Median Earnings
$1,029
Median Rent
$295,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial property combining retail space, basement access, and an updated upstairs apartment with separate utilities.
Where is this mixed-use property located?
The property is located at 175-173 E Chestnut Street Burlington, WI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,000 SF retail area with access to a 1,000 SF basement; 1,500 SF upstairs apartment with 2 bedrooms and 2.5 baths; Originally built in 1885 and fully renovated
More about this property
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