540 North StGreen Lake, WI 54941

For Sale
$2,500,000

Historic Restaurant & Retail Complex

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 24-acre Green Lake, WI property presents a unique investment opportunity. Priced at $2,500,000, it encompasses four buildings totaling 9,100 square feet on a 23.8-acre lot (APN 231-00600-2606). The property includes a charming 5-bedroom, 2-bathroom home with hardwood floors and a main-floor master suite, offering residential appeal. Two existing retail spaces generate income: a 4,500 sq ft building housing the established "Wallenfangs" store and a 1,200 sq ft antique shop. Built in 1888, this Class C multi-tenant property boasts a prime Green Lake location, benefiting from consistent tourist and local traffic. The property's historic character and multi-use potential make it ideal for investors seeking a legacy project or a blend of residential and commercial income streams. The property's versatility allows for various uses, including expansion of existing retail, additional commercial ventures, or residential rental opportunities. This is a rare chance to acquire a significant piece of Green Lake's history and capitalize on its thriving community. The two-story buildings offer ample space for expansion or renovation, catering to a wide range of business needs. The property's size and location provide significant potential for future development and growth within the vibrant Green Lake market. This offering represents a compelling combination of historical significance, established income streams, and substantial future potential.

Highlights

  • $2,500,000 asking price for a multi-tenant, Class C property.
  • 23.8-acre lot with four buildings totaling 9,100 square feet in Green Lake, WI.
  • Includes a 5-bedroom, 2-bathroom home and income-producing retail spaces (Wallenfangs and an antique store).
  • Historic property with unique local appeal, available for the first time since 1974.
  • Offers residential and commercial investment opportunities in a desirable, year-round tourist destination.

Property Details for 540 North St

Property type
Other retail properties, Restaurants
Square Feet
9,100 SF
Class
C
Year Built
1888
Buildings
4
Stories
2
Lot Size (sq. ft)
1,036,728 SF

Location Insight

City
Green Lake
County
Green Lake
State
Wisconsin
Latitude
43.851420199225
Longitude
-88.95814078754
540 North St, Green Lake, Wisconsin

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540 North St
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