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Property profile & analytics
OFF-MARKET
Commercial real estate

10320 Water St Ephraim, WI 54211

3,452 SF 4.49 ac lot Built 1880
Property ID
Property summary
AI-generated overview

This exceptional 3,452 square foot commercial property in Ephraim, WI, presents a unique investment opportunity. Situated on a desirable 4.49-acre lot on Water Street, this established business enjoys a high-traffic location within a vibrant retail community. The main building, a beautifully restored house and retail space, has served as a beloved Door County destination for 56 years. The property includes two warehouses offering ample storage, and a separate artist's studio adds to its versatility. A charming gazebo and fenced cutting garden enhance the property's appeal. The second floor, currently used as office space, offers potential for residential conversion, subject to local zoning regulations. Some residential use is permitted. Outbuildings provide additional space and functionality. This turnkey business, with its rich history, offers endless possibilities for expansion and adaptation to suit a variety of commercial ventures. The property's size and location make it an ideal investment for an entrepreneur seeking a well-established business with significant growth potential. The combination of commercial space, storage, and potential residential use makes this a truly rare and versatile property.

Property profile
Verified
Property type Commercial real estate
Year built 1880
Total area 3,452 SF
Lot 4.49 ac (195,584 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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