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Multi-Level Downtown Retail Building
For Sale
$595,000

1816 Washington St, Two Rivers, WI 54241

Substantial four-floor retail building with elevator service and a fully operational sprinkler system throughout.

Property Size50,880 SF
Price / SF$11.69
Days on Market88

Property Features for 1816 Washington St

General Information

Standard status Active
Size 50,880 SF
Property subtype Commercial

Additional Details

Sprinkler System Yes

Amenities

elevator

Building Details

Building Size 50,800 SF
Year Built 1922
Stories 4
Listing Agency: Park Regency Real Estate LLC
Listed By: George Krause Jr · License #5172190
Source: Therealtycompanyllc
Added: May 4 Changed: Jul 26 Last Checked: Jul 29 at 12:49PM

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 Park Regency Real Estate LLC

Investment Insights

Based on property information with market context.

This substantial multi-level retail building is designed for flexible use across four floors, with elevator service reaching all levels. The main floor and basement provide 17,280 square feet each and were used for retail purposes. The second and third floors provide 8,160 square feet each and were used for storage. The building is equipped with a fully operational sprinkler system serving all four floors.

Located in the heart of the downtown business district in the City of Two Rivers, the property is positioned within a Lake Michigan community. The seller notes the building is TIF eligible and would make a strong re-development project.

With its dedicated retail-level square footage on the main floor and basement, plus additional space on the upper levels, the building offers a practical multi-floor configuration for an owner looking to re-purpose and re-tenant the asset.

Key Highlights

  • Four‑floor retail building built in 1922 in the downtown business district of the City of Two Rivers
  • Elevator serves all 4 floors
  • Main floor and basement each offer 17,280 SF used for retail purposes

Property Analytics

Current Use

Two Rivers Christian ... Discount Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Grocery & Convenience Store Kitchen & Bath Showroom

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

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 37%
Kwik Trip Shops & Services
23,280 visits/mo 0.5 miles
McDonald's Dining
15,896 visits/mo 0.1 miles
Starbucks Dining
5,740 visits/mo 0.1 miles
Uni-Mart Shops & Services
4,037 visits/mo 0.2 miles
Family Dollar Shops & Services
3,381 visits/mo 0.3 miles

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 Retail in Midwest region

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

What type of property is this?
Retail space - Substantial four-floor retail building with elevator service and a fully operational sprinkler system throughout.
Where is this retail space located?
The property is located at 1816 Washington St Two Rivers, WI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Four‑floor retail building built in 1922 in the downtown business district of the City of Two Rivers; Elevator serves all 4 floors; Main floor and basement each offer 17,280 SF used for retail purposes
More about this property
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