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Listing Courtesy Of:

Listing Office: Great Lakes Real Estate Svs

Listing Office Phone: (262) 206-9545

256 E Chestnut St Burlington, WI 53105

$1,750,000
Active / MLS# 1980528 / Commercial - Retail / Burlington
0 Beds
8000 SqFt

Exceptional mixed-use investment opportunity in Downtown Burlington! Fully gutted, renovated and repurposed in 2021 with extensive updates including roof, exterior, mechanicals and interiors. Property features 2 commercial suites with tenants recently signing new 3-year leases, plus an established, fully furnished Airbnb operation consisting of 4 units: three 2BR/1BA units and one studio. All Airbnb furnishings included in the sale for a turnkey opportunity. Seller reports total property NOI of approximately $185,000-$200,000 annually, with additional value-add and revenue growth potential. Strong diversified income stream with major capital improvements already completed.

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Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email

Property Details

Property Type: Commercial - Retail
Basement: Full
Lot Size: 0.10 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $7,637
Year Built: 1900

Feature Descriptions

Ceiling Height (AVG): 11-15,8-10
Data Source: Metro MLS
Exterior: Brick
Flood Plain: No
Heating/Cooling: Natural Gas
Location: Free Standing
Miscellaneous: Freight Elevator, Rest Rooms, Security Equipment, Sprinkler System
Parking: 0.00
Proximity to Highway: 0-1 Miles
Road Frontage: Town/City Road
Truck Door Height: No Truck Door
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: B-2

Location

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