194 Baldwin St Sharon, WI 53585-7111
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.
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Doug Cartland Inc Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.