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Eric Seeger

eric@mwlsp.com +1(608) 790-5229

Listed by Karl McKillip Great Lakes Real Estate Svs

$1,750,000

Est. payment - /mo

8,000 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $218

MLS Listing ID 1980528

Year Built 1900

Annual Tax Amount $7,637

Tax Year 2025

Acres 0.1

Property Sub-Type Commercial/Industrial

Property Description

Exceptional mixed-use investment opportunity in Downtown Burlington! Fully gutted, renovated and repurposed in 2021 with extensive updates including roof, exterior, mechanicals and interiors. Property features 2 commercial suites with tenants recently signing new 3-year leases, plus an established, fully furnished Airbnb operation consisting of 4 units: three 2BR/1BA units and one studio. All Airbnb furnishings included in the sale for a turnkey opportunity. Seller reports total property NOI of approximately $185,000-$200,000 annually, with additional value-add and revenue growth potential. Strong diversified income stream with major capital improvements already completed.

Location

State WI

County Racine

Zoning B-2

Direction Corner of Chestnut and Dodge St

Rooms

Basement Full

Interior

Inclusions All Airbnb furnishings, as well as commercial leases and short-term rental agreements.

Exterior

Roof Type Rubber

Building

Building Description Brick, Security Equipment,Sprinkler System,Freight Elevator,Rest Rooms

Sewer Municipal Sewer

Water Municipal Water

Structure Type Brick

Others

Tax ID 206031932400600

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Nearby School & Business

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Eric Seeger

+1(608) 790-5229

Agent | Land Pro License ID: 7338094

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Homes For Sale in La Crosse, WI

256 E Chestnut St Burlington, WI 53105

Eric Seeger

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

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