502 Main StCedar Grove, WI 53013

For Sale
$245,000

Prime Location, Income Potential, Established Business

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property at 502 S Main St, Cedar Grove, WI 53013, presents a unique investment opportunity. Priced at $245,000, the property encompasses a well-established hardware store and flooring/carpet business, offering immediate income potential. The existing business provides a turnkey operation, complete with inventory (books provided with an accepted offer and proof of financing). Adding to the revenue stream is a spacious three-bedroom, one-bathroom apartment featuring a large kitchen, living room, and laundry room. This apartment provides additional rental income. The property boasts a recently updated roof (2024) and newer gutters, ensuring low maintenance costs. A three-car garage offers ample storage space. While the apartment currently utilizes a window air conditioning unit, the property is conveniently located near I-43, Lake Michigan, and downtown Cedar Grove, providing excellent accessibility and visibility. This versatile property is ideal for an entrepreneur seeking an established business with immediate income generation and significant growth potential. The land itself presents further development possibilities, making this a truly unique investment opportunity in a desirable Wisconsin location.

Highlights

  • $245,000 asking price for a commercial property at 502 S Main St, Cedar Grove, WI 53013.
  • Includes an established hardware and flooring/carpet business with immediate income potential; inventory included with accepted offer and proof of financing.
  • Features a three-bedroom, one-bathroom apartment generating additional rental income.
  • Recently updated roof (2024) and newer gutters.
  • Includes a three-car garage.
  • Convenient location near I-43, Lake Michigan, and downtown Cedar Grove.

Location Insight

City
Cedar Grove
County
Sheboygan
State
Wisconsin
Latitude
43.5665551
Longitude
-87.8199315
502 Main St, Cedar Grove, Wisconsin

FAQs

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502 Main St
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