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Multi-Level Storefront Property
For Sale
$595,000

1816 Washington St, Two Rivers, WI 54241

Historic downtown building with elevator service and a sprinkler system extending throughout all levels.

Property Size50,800 SF
Price / SF$11.71
Days on Market14

Property Features for 1816 Washington St

General Information

Standard status Active
Size 50,800 SF

Additional Details

Sprinkler System Yes

Amenities

elevator

Building Details

Year Built 1922
Buildings 1
Stories 4
Listing Agency: Park Regency Real Estate LLC
Listed By: George Krause Jr · License #5172190
Source: Nikolicgroup
Added: Aug 17 Changed: Aug 30 Last Checked: Aug 30 at 8:31AM

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 storefront property was constructed in 1922 and spans four levels in downtown Two Rivers, a Lake Michigan community. An elevator provides access to every floor, supporting movement throughout the building’s multi-level configuration.

The main floor and basement were used for retail purposes, while the upper levels provided storage space. A fully operational sprinkler system serves all four floors. The property is identified as TIF eligible, adding a documented redevelopment-related consideration for prospective ownership.

Key Highlights

  • Four‑level building with elevator access to every floor
  • Main floor and basement configured for retail use
  • Second and third floors previously used for storage

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

545
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Groceries 28% Dining 24%
Kwik Trip Shops & Services
23,280 visits/mo 0.2 miles
McDonald's Dining
15,896 visits/mo 0.4 miles
Pick 'n Save Groceries
14,807 visits/mo 0.5 miles
Piggly Wiggly Groceries
10,471 visits/mo 0.4 miles
Starbucks Dining
5,740 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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Similar Off Market Nearby

  • Domnitz Flowers, LLC 1714 11th St, Two Rivers, WI 54241

Frequently Asked Questions

What type of property is this?
Storefront property - Historic downtown building with elevator service and a sprinkler system extending throughout all levels.
Where is this storefront property 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‑level building with elevator access to every floor; Main floor and basement configured for retail use; Second and third floors previously used for storage
More about this property
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