For Sale
$305,000

520 Water StPrinceton, WI 54968

Versatile Historic Building, Prime Location

Overview

Added:
Feb 3
Days on market:
63
This exceptional two-story property at 520 W Water STREET Unit 522, Princeton, WI, presents a unique investment opportunity in a prime downtown location. Adjacent to the renowned Parlor Hotel, this 3,300 square foot building sits on a 0.07-acre lot and offers incredible versatility for a variety of uses. The upper level boasts a beautifully remodeled two-bedroom, two-bathroom apartment complete with custom built-ins, a private sun deck, and dedicated alley parking. This residential space is currently rented and the tenant is interested in extending their lease. The lower level provides a spacious commercial or retail area, ideal for a variety of businesses. Features include oversized windows, high ceilings, a half-bath, a separate office, and a kitchenette. The building's unique character is further enhanced by an existing recording studio and vaulted skylights. The property's central location, combined with its attractive residential and commercial spaces, makes it an exceptional opportunity for an owner-occupant or investor seeking a strong return. The current rental income stream adds to the property's overall value and potential. This is a rare chance to acquire a historic building with significant potential in the heart of Princeton's vibrant downtown area. The asking price is $305,000.

Property Details for 520 Water St

Property type
Square Feet
3,300 SF
Year Built
1900
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Princeton
County
GREEN LAKE
State
Wisconsin
Latitude
43.85017
Longitude
-89.12988
520 Water St, Princeton, Wisconsin

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520 Water St
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