1304 Hammond Ave - Apartments FOR SALE


Superior, WI 54880
$650,000 USD
1304 Hammond Ave, Superior, WI for Sale
$650,000 USD
Apartments - FOR SALE
1/37
null | 5% Cap Rate

1304 Hammond Ave
Superior, WI 54880


HIGHLIGHTS

  • Prominent corner-lot location in Superior with strong visibility and accessibility
  • Historic 1930-built property featuring character, architectural charm, and substantial square footage
  • Well-positioned within Superior with convenient access to local businesses, services, and transportation corridors

OVERVIEW

Unlock the potential of this stately corner-lot property offering over 7,600 square feet of versatile space in a high-traffic location. With four heated, insulated attached garages and off-street parking behind them, this property is perfectly positioned for a wide range of uses. Whether you’re envisioning a charming bed & breakfast, a multi-unit conversion (3–4 plex), group home, or another investment venture, the possibilities here are truly endless. Inside the main level, you’ll find expansive rooms filled with character, including multiple huge rooms—providing a flexible layout ready to be adapted to your vision. The second level is an enormous 4-bedroom apartment, complete with a kitchen, dining room, laundry room, primary suite, a private rooftop deck, and a 3rd-floor massive recreation room. The full basement has office space, a utility room, and a large area for your imagination, adding even more functionality and potential for additional use or storage. A rare opportunity to own a high-visibility, high-potential property in one of the area’s most sought-after neighborhoods. Bring your ideas and make it your next successful investment

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

2

PRICE/UNIT

$325,000

CAP RATE

5%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lesage Building

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R3

APN/PARCEL ID

05-805-03028-00

ASK ABOUT THIS PROPERTY

Mike RaivalaRE/MAX ResultsMore Info

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Mike RaivalaRE/MAX ResultsMore Info

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