432 Water St Princeton, WI 54968-9156
This exceptional 2,001 square foot commercial building in Princeton, WI, presents a unique investment opportunity. Ideally situated on a 0.1-acre lot at 432 W Water Street, it benefits from high visibility and convenient access. The property is located next to the public library and city parking lot, and directly across from a new fitness center, ensuring high foot traffic and excellent exposure. The main commercial space is move-in ready, featuring a retail area complete with a public restroom, a dedicated office, and a utility room. This setup is perfect for a variety of businesses seeking a well-equipped and established location. Adding to its appeal is a fully updated, two-story apartment situated at the rear of the building. This residential unit includes two bedrooms, a living room, dining room, kitchen, and two full bathrooms, one on each floor. An attached one-car garage and convenient rear parking/access further enhance the apartment's desirability. The apartment is well-maintained and offers a potential rental income stream or owner-occupied living space. The sale price is $175,000. Inventory is not included in the sale, however, some fixtures and displays may be negotiable. This property offers a rare blend of commercial and residential potential in a thriving location. Don't miss this chance to own a piece of Princeton's vibrant business community.
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Candi's Corner Home Decor Store Department Store
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Water Street Market (Bike/Boat/Book/etc) Store
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.