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Listed by Seidl & Associates a Div of Shorewest, Realtors
$ 305,000
Est. payment /mo
Active-No Offer
1522 MONROE ST Two Rivers, WI 54241
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Real Estate
Listing Status Active-No Offer
Purchase Type For Sale
Municipality City of Two Rivers
MLS Listing ID 50327017
Year Built 1930
Annual Tax Amount $2,204
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Real Estate
Source ranw
Property Description
Income-producing commercial property in the heart of Two Rivers offering an excellent opportunity for investors, entrepreneurs, or owner-occupants. Located on a corner lot along the West Twin River with scenic river views, this property features retail/commercial space with excellent visibility, office space, and ample parking. The upper level includes a 2BR/1BA and a 1BR/1BA apartment, both with in-unit laundry and month-to-month leases. Recent updates include electrical, plumbing, and gas lines, plus renovations to the 1BR unit. Generating an attractive 8% cap rate with strong cash-flow potential. Conveniently located near shopping, restaurants, marinas, parks, and Lake Michigan beaches.
Location
State WI
County Manitowoc
Zoning commercial
Rooms
Basement Full
Interior
Heating Forced Air
Exterior
Parking Features Gravel, On Site, Common
Total Parking Spaces 10
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Brick
Schools
School District Two Rivers
Others
Acceptable Financing Not Vacant, Tenant Occupied/Leased
Listing Terms Not Vacant, Tenant Occupied/Leased
Copyright 2026 REALTORS Association of Northeast WI MLS, Inc. All Rights Reserved. Data Source: RANW MLS