Lynette Howlett - Coldwell Banker Home Sale Realty
506 Forest Home Dr
Francis Creek, WI 54214

Description

14 unit mixed use property. Consisting of 13 apartments and former bar/restaurant. Bar/restaurant can be converted for various retail uses or converted into residential or split into two units. Easy access to I-43. Large blacktopped parking lot. Well maintained. Park like green space. Very low vacancy rate. Excellent cash flow. Current Monthly rent: $4,465.00 Monthly Expenses: $1,522.87, Monthly net operating income: $2,942.13. The former restaurant is vacant and being used by seller as storage.

Details

MLS#1572288
Sub-TypeResale
StatusActive
Year1900
Days On Site308

Features

SQ Feet15,360
Story(s)2
ZoningCommercial

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Area Information

StateWI
CountyManitowoc
CityFrancis Creek
Zip Code54214
AreaManitowoc
Listing VS Median (in 54214)
Price:
$279,800
low | high
Med:
$210,000
74.946390278771% of Average
SqFt:
15,360
low | high
Med:
2,147
100% of Average
$ / SqFt:
$18
low | high
Med:
$98
100% of Average
On Site:
308
low | high
Med:
47
100% of Average
Listing Updated: 01/23/2019
MLS Number: 1572288
Listing Provided By:
Kevin Neelis  of  Heritage Real Estate

Information is supplied by seller and other third parties and has not been verified.
-IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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