1608 Tower AveSuperior, WI 54880

Property Details for 1608 Tower Ave

Lot size

0.19 AC

Zone code

C2

Property type

Commercial real estate

APN

07-807-00200-00

APU

78070020000

Description

This attractive three-story commercial building at 1608 Tower Ave in Superior, Wisconsin, presents a compelling investment opportunity. The property boasts a charming stone and brick exterior in excellent condition, offering strong curb appeal and visibility on a high-traffic thoroughfare. The main floor is fully finished and equipped with all functioning utilities. The upper two floors are also finished, providing ample usable space. Recent improvements include a new high-efficiency boiler and upgraded electrical systems featuring two 200-amp circuit breaker panels, ensuring efficient and reliable operation. The building sits on a 0.16-acre lot, including a rear parking area measuring 25x44 feet. While the full basement offers some storage and contains an older boiler, it is not currently considered highly usable. The property benefits from excellent access and visibility on Tower Avenue, a location that saw 18,100 vehicles per day in 2007. Existing tenants are prepared to sign new leases, providing immediate income potential. This property is priced to sell at $225,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,705,013

  Hospitality

  $1,561,783

  Educational

  $1,299,385

  Medical

  $1,344,073

  Retail

  $2,021,265

Location Insight

City

Superior

County

Douglas

State

Wisconsin

Latitude

46.719

Longitude

-92.1034

CBSA code

20260

CBSA name

DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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