502 S Main St, Cedar Grove, WI 53013
- Commercial real estate
- 0.11 lot acres
Current Use by Public Records
- Cedar Grove Hardware Hank / Building Supply / Hardware & Home Improvement
Property Details for 502 S Main St
- Lot size
- 0.11 lot acres
- Property type
- Commercial real estate
- APN
- 59112550810
- APU
- 59112550810
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 13, 2019 | — | Bruce A Lukens | — | Deed · related | $187k · Oostburg St Bk |
| Aug 6, 2018 | — | Bruce A Lukens | — | Deed · related | $187k · Oostburg St Bk |
| May 3, 2016 | — | Bruce A Lukens | — | Deed · related | $86k · Oostburg St Bk |
| Jan 16, 2007 | $225,000 | Bruce A Lukens | Tendolle,glen D | Warranty Deed · related | — |
| — | — | Bruce A Lukens | — | Deed Of Trust · related | $187k · Oostburg St Bk |
| — | — | Bruce A Lukens | — | Deed Of Trust · related | $86k · Oostburg St Bk |
| — | — | Bruce A Lukens | — | Deed Of Trust · related | $187k · Oostburg St Bk |
| — | — | Bruce A Lukens | — | Deed Of Trust · related | $134k · Oostburg State Bank |
Description
This exceptional commercial property at 502 S Main St, Cedar Grove, WI 53013, presents a unique investment opportunity. Priced at $245,000, the property encompasses a well-established hardware store and flooring/carpet business, offering immediate income potential. The existing business provides a turnkey operation, complete with inventory (books provided with an accepted offer and proof of financing). Adding to the revenue stream is a spacious three-bedroom, one-bathroom apartment featuring a large kitchen, living room, and laundry room. This apartment provides additional rental income. The property boasts a recently updated roof (2024) and newer gutters, ensuring low maintenance costs. A three-car garage offers ample storage space. While the apartment currently utilizes a window air conditioning unit, the property is conveniently located near I-43, Lake Michigan, and downtown Cedar Grove, providing excellent accessibility and visibility. This versatile property is ideal for an entrepreneur seeking an established business with immediate income generation and significant growth potential. The land itself presents further development possibilities, making this a truly unique investment opportunity in a desirable Wisconsin location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cedar Grove
- County
- Sheboygan
- State
- Wisconsin
- Longitude
- -87.82
- Latitude
- 43.5665
- CBSA code
- 43100
- CBSA name
- SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA
