107 S 2nd St, Watertown, WI 53094
RETAIL For SaleFloors: 2
| Space | Size | Type | Pricing |
|---|---|---|---|
| Plattdeutscher Hall | SALE | $1,300,000.00 |
Ryan Dworak - KW Commercial | Milwaukee North Shore
PHONE: 2623397791
PHONE: 2623397791
This prime mixed-use property offers a diverse range of income-generating opportunities with multiple revenue streams and significant potential for growth. The property features a spacious event hall, a fully equipped commercial kitchen, a bar, two retail spaces (one currently leased to a tattoo shop, with the other available for a new tenant or owner use), and seven residential apartments. The event hall, kitchen, and bar provide an incredible value-add opportunity for an investor or operator looking to capitalize on the growing demand for event venues, catering services, ghost kitchens, or bar operations. Whether used for private events, weddings, pop-up dining experiences, or a shared commercial kitchen rental, this space offers flexibility and significant income potential. The seven residential units provide a steady income stream, appealing to both long-term and short-term rental strategies. With one retail space currently occupied by a tattoo shop and the other available for lease, there is potential to secure another long-term tenant or customize the space for a high-demand commercial use. Located in a high-visibility, high-traffic area, this property is well-positioned for strong occupancy rates and continued appreciation. Whether you’re an investor looking for a fully operational, income-producing asset or an entrepreneur seeking a property with live-work potential, this mixed-use building presents an exceptional opportunity for long-term growth and profitability. Investment Highlights: This exceptional mixed-use property offers a lucrative investment opportunity, featuring seven fully occupied residential units, two leased commercial storefronts, and a spacious commercial kitchen/bar with an attached 3,300-square-foot banquet hall—perfect for an owner-operator or additional rental income. All seven residential units are currently rented on month-to-month leases, providing flexibility for rent increases or lease restructuring to maximize returns. Both retail commercial spaces are leased to long-term tenants, ensuring steady cash flow. A major value-add opportunity lies in the commercial kitchen, bar, and banquet hall, which can be leased out separately or operated as an event venue, restaurant, catering business, or shared commissary kitchen—meeting the growing demand for rentable hospitality and event spaces. With the rising need for flexible event venues, commercial kitchens, and entertainment spaces, this property is positioned to generate even greater revenue. Located in a high-demand rental market, this property offers a diverse and stable income stream, making it an ideal investment for both passive and active investors. Don’t miss out on this rare opportunity to own a fully leased, cash-flowing asset with significant upside potential!