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Property profile & analytics
OFF-MARKET
Commercial real estate

194 Baldwin St Sharon, WI 53585-7111

0.05 ac lot
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US92-0011361
Property summary
AI-generated overview

This exceptional 1,500 square foot commercial property, located at 194 Baldwin Street in the heart of downtown Sharon, Wisconsin, presents a unique investment opportunity. The building boasts beautifully remodeled retail or office space, ideal for a variety of businesses. Adding to its versatility, the property includes a small apartment currently generating rental income. A workshop or storage area provides additional functionality, while a large upstairs apartment offers significant potential for increased cash flow following renovation. Recent improvements include a new roof and meticulous tuckpointing of the brick exterior, enhancing both the aesthetic appeal and structural integrity of the building. The 0.05-acre lot provides ample space for the building and potential future expansion. The existing tenant in the smaller apartment provides immediate return on investment. The upstairs apartment, requiring remodeling, presents a clear path to enhance profitability. This property is perfectly positioned to capitalize on the vibrant downtown Sharon area, offering a blend of immediate income and significant upside potential for a savvy investor. The combination of existing income-generating space and the potential for further development makes this a truly compelling opportunity. The property's prime location and recent upgrades make it a standout investment in the Sharon commercial real estate market. Don't miss this chance to acquire a versatile and profitable property in a thriving downtown setting.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.05 ac (2,352 SF)
APN UOP 00062
UPID US92-0011361
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
Current use
Occupant on record · Public records
  • Doug Cartland Inc Consultant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Robert C Ludwig · 6 yrs held
Robert C Ludwig
since 2019
1 recorded transaction
2019
$60,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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