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Listing Courtesy Of:

Listing Office: RE/MAX Universal

Listing Office Phone: (920) 208-9500

141 E Rhine St Elkhart Lake, WI 53020

$824,999
Active / MLS# 1965963 / Commercial - Retail / Elkhart Lake
0 Beds
2238 SqFt

This versatile commercial/residential rental property offers strong income potential and an unbeatable location in the heart of Elkhart Lake. The main and lower levels are currently rented, generating $3k per month on a month-to-month lease. The upper unit features 3 beds, 2 full baths and a beautiful sun porch/four-season room. During June through September, the upper unit operates successfully as an Airbnb. From October through May, it is rented to traveling nurses for $1,700/month. For owner-occupants, this property presents a unique opportunity to live in the upper unit while benefiting from rental income from the lower levels. Enjoy Elkhart Lake lifestyle, with downtown restaurants, shops and attractions all within walking distance. Also close to Road America and golf courses!

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Property Details

Property Type: Commercial - Retail
Basement: Full
Lot Size: 0.13 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $6,195
Year Built: 1920

Feature Descriptions

Ceiling Height (AVG): 8-10
Data Source: Metro MLS
Exterior: Aluminum Siding, Vinyl, Wood
Flood Plain: No
Heating/Cooling: Central Air, Electric, Forced Air, Natural Gas
Location: Business District
Miscellaneous: Rest Rooms
Parking: 2.00
Proximity to Highway: 0-1 Miles
Road Frontage: Paved Road
Sale Includes: Real Estate
Truck Door Height: No Truck Door
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: Com

Location

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