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Financial
Distress signals
Property profile

1509 Washington St Two Rivers, WI 54241

OFF-MARKET
Turn key restaurants
Property ID
US92-2941121
12,786 SF 0.64 ac lot Built 1950
Last sale Jul 2023 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed (2024) Starbucks in Two Rivers, Wisconsin. Located in a thriving downtown area and major tourist destination, this single-story, 2,262 square foot building sits on a 0.64-acre lot and boasts 23 parking spaces, a drive-through with ample stacking space, and an outdoor patio. The property benefits from its proximity to three marinas, the Cobblestone Hotel & Suites (55 rooms), Neshotah Beach, and numerous local attractions…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$414k
Assessed land$65k
Assessed improvement$349k
Effective rate2.91%

Value estimate

· Oct 2026
$300k
$270k – $330k
Submarket $/SF estimate$795k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$61/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$29 – $91

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
JurisdictionMANITOWOC

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.0
Realty agency12.0
Skin Care Clinic10.1

Location

1509 Washington St Two Rivers, WI 54241-3044
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3131 Mishicot, Two Rivers, WI 54241-1553 $4,828,300 Feb 2025 11,079 SF
3000 Frst, Two Rivers, WI 54241-1927 $335,000 Oct 2024 16,872 SF
2221 Lincoln, Two Rivers, WI 54241-2427 $299,000 Feb 2024 10,193 SF
1516 19th, Two Rivers, WI 54241-2629 $190,000 Apr 2023 9,276 SF
2614 Williams, Two Rivers, WI 54241-1951 $180,000 Jun 2022 17,510 SF
1218 Madison, Two Rivers, WI 54241-3518 $150,000 Jul 2020 15,874 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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