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Mixed-Use Building with Guest Rentals
For Sale
$699,000

528 Mill, Green Lake, WI 54941

A ground-floor canteen and additional commercial area are paired with two furnished upstairs accommodations.

Property Size3,448 SF
Price / SF$202.73
Days on Market38

Property Features for 528 Mill

General Information

Standard status Active
Size 3,448 SF
Property subtype Commercial

Space & Availability

Floor Ground
Furnished Yes

Additional Details

Business Included Yes

Building Details

Year Built 1900
Buildings 1
Listing Agency: Better Homes and Gardens Real Estate Special Properties
Listed By: Sarah Loberg · License #5884090
Source: Madisonareahomesforsale
Added: Sep 8 Changed: Oct 13 Last Checked: Oct 14 at 11:43PM

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 Better Homes and Gardens Real Estate Special Properties

Investment Insights

Based on property information with market context.

Built in 1900, this 3,448-square-foot mixed-use property in downtown Green Lake combines a ground-floor canteen with a separate commercial area. Two furnished short-term rental units occupy the upper level, creating a combination of food service, commercial space, and lodging within one historic building.

The canteen is operating, and the seller is willing to assist a new owner with learning the business. The additional ground-floor area can support a range of configurations, while the furnished upstairs units have a history of guest use.

Key Highlights

  • 3,448‑square‑foot historic building constructed in 1900
  • Operating canteen on the main level
  • Separate commercial space on the ground floor

Property Analytics

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Current Use

Sunrise Property Managemen Property Management Company Moboevo (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Auto Parts Store Pharmacy Nail Salon

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 54941, WI

2,543
Population
1,915
Households
1.3
Avg Household Size
55
Median Age
36%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
78
Density / Sq Mi
$77,875
Median Household Income
$45,975
Median Earnings
$743
Median Rent
$270,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - A ground-floor canteen and additional commercial area are paired with two furnished upstairs accommodations.
Where is this mixed-use property located?
The property is located at 528 Mill Green Lake, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,448‑square‑foot historic building constructed in 1900; Operating canteen on the main level; Separate commercial space on the ground floor
More about this property
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