716 Broadway St Berlin, WI 54923
- Commercial real estate
- 52,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 716 Broadway St
- Year built
- 1980
- Property size
- 52,000 SF
- Property type
- Commercial real estate
Description
This exceptional 52,000 square foot commercial property is situated in Berlin, Wisconsin, just blocks from the downtown area and directly across from a Walmart Supercenter. This ensures high visibility and significant foot traffic for all tenants. The building currently houses a diverse mix of established businesses, including US Cellular, Fastenal, H&R Block, Hong Kong Buffet, a smoke shop, OneUp Realty, and TS Nails. Each tenant is responsible for their own utilities, simplifying management and maximizing return on investment. The property presents a strong, diversified income stream with established tenants, minimizing vacancy risk. The location offers unparalleled convenience and accessibility, attracting a wide range of customers. This multi-tenant building is an excellent opportunity for investors seeking a stable, high-return commercial property in a thriving Wisconsin community. The property's size and tenant mix provide a robust foundation for long-term growth and profitability. The strategic location, coupled with the existing tenant base, makes this an attractive investment opportunity with significant potential for future appreciation. This is a turnkey operation ready for a new owner to step in and begin generating income immediately. The property is offered at $1,575,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berlin
- County
- GREEN LAKE
- State
- Wisconsin
- Longitude
- -88.9738
- Latitude
- 43.967
