1816 Washington St Two Rivers, WI $ 647,000
1816 Washington St
$ 647,000
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1816 Washington St

Two Rivers, WI, 54241
$ 647,000
Baths0.0 Sq 50,800

Monthly Estimate*

$ 4,300

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Studio

Commercial Property for sale in Two Rivers, WI

for $647,000. This 50,800 square foot building was built in 1922 on a lot size of 0.41.

Substantial Retail Building located in the heart of the downtown business district in the City of Two Rivers. Would make a great re-development project and is TIF eligible. Property is serviced by an freight elevator that reaches all 4 levels of the building.Main Floor and Basement levels provide 17,280 sq ft each and were used for retail purposes and the 2nd & 3rd floors provide 8,160 sq ft each used for storage.Building has a sprinkler system in place.This property as originally built as the Rivioli Theatre and operated as a Vaudville & Movie Theatre from 1920's to the 1950's. The Seller purchased the property in 1960 renovated it and in 1961 opened for business as Evans Dept Store. Currently tenant of the property is Christian Thrift Store. Great Development potential!

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Commercial Active

Price

$ 647,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,502

Style

Lot Size

0.41

Year Built

1922

Town/City

Two Rivers

County/Region

Manitowoc

MLS | Web ID

1873145

Features
General
Road Frontage High Visibility Near Public Transit Paved Road State Road Town/City Road
Parking 10.00
Zoning B-1
Year Built 1922
County Manitowoc
Miscellaneous 220 Volt Power Display Window Freight Elevator Inside Storage Rest Rooms Sprinkler System
Property Type G
Location Business District Corner Free Standing Near Public Transit
Municipality City
Tax Year 2023
Directions Located on Washington St in downtown Two Rivers between 19th & 18th Sts. which is also State Highway 42.
City Two Rivers
Taxes 8502.00
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Interior
Basement Block Full
Heating/Cooling Central Air Electric Forced Air Natural Gas
Stories 3
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Exterior
Exterior Brick Other Wood
Roofing Rubber
Flood Plan No
Lot Size Rectangular
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* Excluded Features
List By
Choice Commercial Real Estate Llc

Broker

gkrause@choicecre.com

Email

Affordability Calculator

$5,009
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,300
Monthly Property Taxes
$709
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$647,000 Listed Price

Map


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1816 Washington St, Two Rivers, WI, 54241 is a Commercial Property for sale at $647,000 with 50,800 sqft and a lot size of 0.41. 1816 Washington St is a studio with 0.0 baths and was built in 1922. The property's zip code is 54241 which is in Two Rivers, WI