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Mixed-Use Building with Apartments
For Sale
$249,000

550 E Grand Ave, Beloit, WI 53511

Two-unit property combines a retail storefront, apartment living areas, and additional finished basement rooms.

Property SizeContact for details
Days on Market30

Property Features for 550 E Grand Ave

General Information

Standard status Active

Additional Details

Floor Ground

Taxes and HOA fees

Annual Taxes $3,013

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: EXIT Realty HGM
Listed By: Chris Heeren
Source: Exprealty
Added: Jul 31 Changed: Aug 25 Last Checked: Aug 29 at 1:14PM

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 EXIT Realty HGM

Investment Insights

Based on property information with market context.

Built in 1920, this two-unit mixed-use property combines commercial and residential space within a multi-level layout. The street-facing unit includes two first-floor rooms and a bathroom, along with an attached one-bedroom apartment on the second level. A separate rear unit provides another one-bedroom apartment and access to a finished basement with several additional rooms.

The property is located at 550 E Grand in downtown Beloit, with the storefront oriented toward East Grand Avenue. Its existing arrangement supports both retail and residential occupancy within the same building, while the basement and upper-level areas add functional space beyond the main storefront.

Key Highlights

  • Two‑unit mixed‑use building constructed in 1920
  • Street‑facing retail storefront on East Grand Avenue
  • First‑floor commercial unit includes 2 rooms and a bathroom

Property Analytics

Current Use

8th street Market Specialty Food Shop Tarot Card Readings ... Spiritual Center

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Acupuncture 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

906
Businesses Nearby

Demographics for 53511, WI

48,659
Population
19,372
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
114.9 sq mi
ZIP Area
423
Density / Sq Mi
$65,305
Median Household Income
$39,344
Median Earnings
$995
Median Rent
$160,000
Median Home Value

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 - Two-unit property combines a retail storefront, apartment living areas, and additional finished basement rooms.
Where is this mixed-use property located?
The property is located at 550 E Grand Ave Beloit, WI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two‑unit mixed‑use building constructed in 1920; Street‑facing retail storefront on East Grand Avenue; First‑floor commercial unit includes 2 rooms and a bathroom
More about this property
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