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Mixed-Use Property with Apartment
For Sale
Contact for pricing
Pending

307 W North Water Street, New London, WI 54961

Two commercial storefronts accompany a three-bedroom, one-bath upper-level apartment.

Property SizeContact for details
Days on Market142

Property Features for 307 W North Water Street

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: CENTURY 21 Ace Realty
Listed By: Sandy DuFrane · License #WI
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:26PM

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 CENTURY 21 Ace Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines two commercial storefronts with an upper-level apartment. The larger commercial unit contains 2,480 square feet configured for an event planning business, with fresh paint and tenant-owned décor. A second 700-square-foot storefront is occupied by Quick Stitches under a long-term arrangement.

The residential component includes three bedrooms and one bathroom, along with a spacious living room and kitchen. Positioned at 307 W North Water Street in downtown New London, the property is next to Grand Cinema Theatres. The combination of commercial and residential space creates a building with distinct business and apartment components in a downtown setting.

Key Highlights

  • Two commercial storefronts plus an upper‑level apartment
  • 2,480‑square‑foot event planning storefront with fresh paint and tenant‑owned décor
  • 700‑square‑foot storefront occupied by Quick Stitches under a long‑term arrangement

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Restaurant Parking Lot & Garage

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 67% Shops & Services 21% Dining 12%
Skogen's Festival Foods Groceries
26,353 visits/mo 0.2 miles
BP Shops & Services
3,529 visits/mo 0.5 miles
Little Caesars Pizza Dining
3,178 visits/mo 0.2 miles
Community First Credit Union Shops & Services
3,064 visits/mo 0.3 miles
Associated Bank Shops & Services
1,522 visits/mo 0.1 miles

Demographics for 54961, WI

14,122
Population
6,249
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
91%
High-School Grad
124.1 sq mi
ZIP Area
114
Density / Sq Mi
$71,337
Median Household Income
$43,960
Median Earnings
$841
Median Rent
$196,600
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?
Mixed-use property - Two commercial storefronts accompany a three-bedroom, one-bath upper-level apartment.
Where is this mixed-use property located?
The property is located at 307 W North Water Street New London, WI.
What are key features of this property?
This property features: Two commercial storefronts plus an upper‑level apartment; 2,480‑square‑foot event planning storefront with fresh paint and tenant‑owned décor; 700‑square‑foot storefront occupied by Quick Stitches under a long‑term arrangement
More about this property
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