Mixed-Use Live/Work
601 Belknap St, Superior, WI 54880
Own a mixed-use property with flexible main-level space plus two upper apartments and a detached garage.
Type:Mixed Use
Property size:
1,000 SFPrice / SF:
$295/SF- Added:
- Jun 15, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 27 at 4:13 am
Property Features for 601 Belknap St
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1910
Listing office RE/MAX Results
Listing date Jun 15, 2026
Source Visionsfirstrealty
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 RE/MAX Results
HighLights
- 1910 mixed‑use commercial property with flexible main level plus two upper apartments
- Main level offers approximately 1,000 SF of office and/or retail space
- Two upper‑level apartments generate additional rental income to offset ownership costs
- Includes a 24' x 24' detached garage
- Ample off‑street parking for tenants, customers, and employees
Overview
This mixed-use live/work property offers a flexible main level designed for office and/or retail use, with approximately 1,000 square feet of adaptable space. The building also includes two upper-level apartments, creating rental income within the same structure. Additional improvements include a 24' x 24' detached garage and ample off-street parking to support tenants, customers, and employees.
The property is located on Belknap Street in a high-visibility setting, with strong traffic counts mentioned along the corridor. That exposure can be valuable for businesses seeking storefront presence while maintaining the benefit of on-site residential income.
For owner-occupants, the layout supports operating or expanding a business on the main level while living above, or using the upper apartments to offset ownership costs. For investors, the combination of flexible commercial space and two apartments offers multiple income streams under one ownership. The off-street parking and detached garage add practical support for both residential and commercial use.
The property is located on Belknap Street in a high-visibility setting, with strong traffic counts mentioned along the corridor. That exposure can be valuable for businesses seeking storefront presence while maintaining the benefit of on-site residential income.
For owner-occupants, the layout supports operating or expanding a business on the main level while living above, or using the upper apartments to offset ownership costs. For investors, the combination of flexible commercial space and two apartments offers multiple income streams under one ownership. The off-street parking and detached garage add practical support for both residential and commercial use.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.4k | $23.40 |
| − Vacancy | −$3.5k | −$3.51 |
| EGI | $19.9k | $19.89 |
| − OpEx | −$5.0k | −$4.97 |
| NOI | $14.9k | $14.92 |
1,000 SF · lease $23.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$213.1K
$186.5K – $248.6K
NOI $14,918 @ 7.0% cap · market cap 5.06%
Second Best
Retail
$175.3K
$153.4K – $204.5K
NOI $12,272 @ 7.0% cap · market cap 4.16%
Theoretical Best
Specialty Retail
$315.3K
$275.9K – $367.8K
NOI $22,070 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Ambient Glow Massage ...
Alternative Medicine Practice
State Farm Insurance ...
Insurance Agency
Port Town Publishing
Publishing House
Location Insight
- Map
- Local Demand
- City
- Superior
- County
- Douglas
- State
- Wisconsin
- Longitude
- -92.086609
- Latitude
- 46.720922
Nearby Similar for Sale
FAQs
What type of property is this?
Live-work space - Own a mixed-use property with flexible main-level space plus two upper apartments and a detached garage.
Where is this live-work space located?
The property is located at 601 Belknap St Superior, WI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1910 mixed‑use commercial property with flexible main level plus two upper apartments; Main level offers approximately 1,000 SF of office and/or retail space; Two upper‑level apartments generate additional rental income to offset ownership costs
