121 N Water ST, Albany, WI 53502
121 N Water ST, Albany, WI 53502
121 N Water ST, Albany, WI 53502
121 N Water ST, Albany, WI 53502
121 N Water ST, Albany, WI 53502
121 N Water ST, Albany, WI 53502
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Listed by Carson Brewer • ALTUS Commercial Real Estate, Inc.
$ 399,000
Est. payment | /mo

2,305 SqFt


Save
$ 399,000
Est. payment | /mo
Save

2,305 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2001-2500

Square Footage 2,305 sqft

Price per Sqft $173

Municipality ALBANY

MLS Listing ID 2028813

Annual Tax Amount $1,372

Tax Year 2025

Lot Size 2,831 Sqft

Acres 0.065

Property Description

Mixed use investment opportunity in the heart of downtown Albany, Wisconsin. This well maintained and extensively updated building features two income producing units in a highly desirable location along the Sugar River. The commercial space is occupied by an established hemp shop under a long-term 5 year lease, providing stable rental income. The second unit is a fully furnished 2 bedroom, 2 bath Airbnb overlooking the Sugar River and Albany Dam, offering guests stunning water views and a unique destination experience. The residential unit includes in unit laundry and is being offered fully furnished for a seamless transition to new ownership. The property has benefited from numerous capital improvements, including new floor joists and support beams throughout the building, extensive exterior tuckpointing, and separate central forced air HVAC systems for each unit. Additional features include a full basement with approximately 10.5' ceilings and walkout access to the river.

Location

State WI

County Green

Zoning comm

Direction Turn North off of Hwy 59 on to Water St. The building is the last one on the North West side of Water St.

Rooms

Basement Full, Walk Out/Outer Door

Interior

Heating Natural Gas

Cooling Forced Air, Central Air

Inclusions Everything in the AIR BNB.

Exterior

Roof Type Other

Building

Building Age Not Available

Story 1

Sewer Municipal Water, Municipal Sewer

New Construction N

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI 54143-1713, USA

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121 N Water ST