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Mixed-Use Building With Apartments
For Sale
$259,900

301 Ellis St, Kewaunee, WI 54216

Inland-Multi-Family, Two, Kewaunee, WI

Property Size4,645 SF
Price / SF$55.95
Days on Market165

Property Features for 301 Ellis St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning GC (General Commercial)
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1
Elementary school district Kewaunee
Middle school district Kewaunee
High school district Kewaunee
Subdivision 26-Kewaunee
Standard status Active
Size 4,645 SF

Taxes and HOA fees

Tax Annual Amount 5867

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1963
Number of units 2
Architectural style Other
Listing Agency: ERA Starr Realty · ERA Real Estate
Listed By: Greta Meleen · License #9495810
Added: Apr 3 Changed: Sep 13 Last Checked: Sep 14 at 2:06PM
MLS# 147034

Copyright © 2026 Door County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property at 301 Ellis St in Kewaunee combines a restaurant operation with two apartments on the second level. The residential component includes one studio and one two-bedroom apartment, while the commercial space includes a kitchen and restaurant area. The building contains 4,645 square feet and was constructed in 1963.

Zoned GC (General Commercial), the property is located in downtown Kewaunee, WI 54216. Building systems include natural gas and forced-air heating, along with central air conditioning. The upper-level apartments can support residential occupancy or provide additional space within the property’s mixed-use configuration.

Key Highlights

  • Mixed‑use building with restaurant space and two second‑level apartments
  • 4,645 square feet on a 0.11‑acre site
  • Upper‑level residential units include one studio and one 2‑bedroom apartment

Property Analytics

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Current Use

Anchor Down Family ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Law Firm Hair Salon Grocery & Convenience Store Storage Facility

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 54216, WI

6,164
Population
3,030
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
93%
High-School Grad
107.3 sq mi
ZIP Area
57
Density / Sq Mi
$81,650
Median Household Income
$45,552
Median Earnings
$776
Median Rent
$173,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant space and two second-level apartments create a combined commercial and residential layout.
Where is this mixed-use property located?
The property is located at 301 Ellis St Kewaunee, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Mixed‑use building with restaurant space and two second‑level apartments; 4,645 square feet on a 0.11‑acre site; Upper‑level residential units include one studio and one 2‑bedroom apartment
More about this property
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