27
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$2,284,900
Est. payment /mo
20,975 SqFt
Price Dropped by $215K
202 E Main STREET Twin Lakes, WI 53181
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Daniel Bertelson
danielbertelsonbroker@chime.meUPDATED:
Key Details
Property Type Commercial
Sub Type Office(s),Service,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 20,975 sqft
Price per Sqft $108
MLS Listing ID 1916811
Year Built 1963
Annual Tax Amount $24,999
Tax Year 2024
Lot Size 1.700 Acres
Acres 1.7
Property Sub-Type Office(s),Service,Retail
Property Description
This prime mixed-use property presents an exceptional investment opportunity with 4 commercial units on the first floor and 4 residential units across the second and third floors, currently generating reliable cash flow through existing leases. Positioned in a rapidly developing area, the property offers significant upside potential, including the possibility to add additional residential units for short-term or long-term rentals, as well as the opportunity to develop self-storage on the remaining land. With commercial zoning in place, this property allows for flexible future use, making it a strategic asset with the potential to increase both value and cash flow. Located just minutes from Lake Geneva and the WI/IL border, this is a highly desirable location for growth.
Location
State WI
County Kenosha
Zoning Commercial
Rooms
Basement None / Slab
Interior
Heating Electric, Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Brick, Brick/Stone
Garage Spaces 30.0
Parking On Site 30
Roof Type Composition/Fiberglass,Rubber/Membrane
Building
Sewer Municipal Sewer, Well
New Construction N
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Listed by Compass Wisconsin-Lake Geneva
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Daniel Bertelson