318 W North Water St - Bar FOR SALE


New London, WI 54961
$675,000 USD
920-570-3992
318 W North Water St, New London, WI for Sale
$675,000 USD
Bar - FOR SALE
1/43
null | 11.47% Cap Rate

318 W North Water St
New London, WI 54961


HIGHLIGHTS

  • Fully Leased
  • 11.47% cap rate
  • 5 apartments + 1 commercial tenant

OVERVIEW

Excellent investment opportunity in the heart of downtown New London! This mixed-use property features five residential apartments on the upper level and an established commercial bar tenant on the main floor, providing multiple income streams. Situated along the Wolf River, the property offers a unique waterfront setting in a convenient downtown location. Offered as a turnkey rental investment with an attractive 11.5% cap rate, this is a great opportunity to add a strong cash-flowing mixed-use asset to your portfolio.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

11.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Mercantile

APN/PARCEL ID

33 12 71 30

ASK ABOUT THIS PROPERTY

Timothy CemanDrifka Group IncMore Info
920-570-3992

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Timothy CemanDrifka Group IncMore Info
920-570-3992

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.