217 Broadway St, Berlin, WI 54923
This exceptional 1,823 square foot commercial building, situated on a 0.06-acre lot at 217 Broadway Street in Berlin, Wisconsin, presents a rare blend of historical charm and modern functionality. Constructed in the 1800s, the property boasts a captivating architectural design that seamlessly integrates with contemporary upgrades. The main floor offers a versatile open space, ideal for a variety of commercial uses, including retail, office space, or other entrepreneurial ventures. Its adaptability allows for customization to perfectly match your business needs. Adding to its unique appeal are two upper-level apartments, accessible via a separate entrance. One apartment is a finished studio, immediately ready for occupancy, while the second offers an unfinished space ripe for renovation and personalization. Recent improvements include the installation of energy-efficient windows and a brand-new water heater, enhancing both comfort and energy efficiency. This mixed-use property in the heart of Berlin offers an unparalleled opportunity to own a piece of history while enjoying the benefits of modern conveniences. The building's location in Berlin, WI provides access to local amenities and a thriving community. The combination of commercial and residential space makes this property a truly unique investment opportunity. The asking price is $160,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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