For Sale
$275,000

923 Michigan AveSheboygan, WI 53081

Prime Michigan Ave location, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents two buildings totaling 2,475 square feet on a 0.1-acre lot in Sheboygan, Wisconsin. The property, located at 923 Michigan Avenue, consists of a mixed-use commercial space and a fully remodeled single-family home, both situated on two stories. The commercial building features a 726 square foot retail storefront on the main floor and a 726 square foot, two-bedroom apartment above, perfect for rental income or use as an Airbnb. The second building is a completely renovated single-family home, offering additional income potential. Currently, a month-to-month tenant occupies the commercial space, providing immediate cash flow. The property is zoned Commercial/Industrial and boasts a convenient location on Michigan Avenue, adjacent to Trilling Hardware. Built in 1921, this property offers a unique blend of historical charm and modern updates, making it an ideal investment for both seasoned investors and owner-occupiers seeking a flexible and income-generating asset. The asking price is $275,000. The property includes three units and has two buildings. The parcel number is 59281102580.

Highlights

  • For sale: Two-building investment opportunity in Sheboygan, WI.
  • Mixed-use commercial building (726 SF retail, 726 SF 2-bedroom apartment) and a fully remodeled single-family home on a 0.1-acre lot.
  • Located at 923 Michigan Avenue, adjacent to Trilling Hardware.
  • Commercial space currently occupied by a month-to-month tenant, providing immediate cash flow.
  • Totaling 2,475 square feet, zoned Commercial/Industrial.
  • Asking price: $275,000.

Property Details for 923 Michigan Ave

Property type
Retail properties, Office properties
Square Feet
2,475 SF
Year Built
1921
Buildings
2
Stories
2
Lot Size (sq. ft)
4,356 SF
Units
3

Location Insight

City
Sheboygan
County
Sheboygan
State
Wisconsin
Latitude
43.7584154
Longitude
-87.7156406
923 Michigan Ave, Sheboygan, Wisconsin

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923 Michigan Ave
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