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506 FOREST HOME Francis Creek, WI 54214

$330,000
5 Units  |  3,728 Square Feet  |  Multi Family   |   MLS # 50329286

Description

Exceptional investment opportunity featuring a landmark former supper club and bowling alley with significant income potential. The property currently generates approximately $6,500 per month in rental income, (full occupancy exceeds $8,000 per month). The residential component includes 5 apartment units with private baths plus 6 individual rental rooms sharing a common bath, offering flexible rental options. The former restaurant includes a spacious bar, commercial kitchen equipment, furnishings, and dinnerware. Plumbing, HVAC, and Electrical updates have been completed, while continued cosmetic improvements provide an opportunity to add value. Room sizes are approximate and should be verified by buyer.

Property Details

General

Total Units: 5

Square Feet: 3,728

Tax Amount: $5,726

New Construction?: No

Style: 2 Story,Converted/Rooming House

Property Type: Multi Family

County: Manitowoc

Zoning:

  • Commercial
  • Multi-family(

Interior

Total Square Feet: 3,728

Sq. Ft. Above Grade: 3,728

Water Source: Well

Waste: Public Sewer

Heating/Cooling:

  • Forced Air
  • Radiant

Heating Fuel:

  • Electric
  • Natural Gas

# Garbage Disposals: 0

# Dishwashers: 0

# AC Units: 0

# Furnaces: 1

# Ranges: 6

# Refrigerators: 8

# Water Heaters: 2

Unit #1

Level #: Upper

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 760

Monthly Rent: Rent

Monthly Rent Amount: 1,200

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #2

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 760

Monthly Rent: Rent

Monthly Rent Amount: 1,100

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #3

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 760

Monthly Rent: Rent

Monthly Rent Amount: 1,000

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #4

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 548

Monthly Rent: Rent

Monthly Rent Amount: 1,200

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Lot / Exterior

Lot Description: Sidewalk

Sq. Ft. of Lot: 45,302

# Acres: 1.04

Barrier Free Features:

  • 1st Floor Bedroom
  • 1st Floor Full Bath
  • Level Drive
  • Level Lot
  • Low Pile Carpeting

Schools

School District: Mishicot

Listing Broker

Shorewest, Realtors

Directions & Map

Hwy 43 to Hillcrest Road Exit, Francis Creek. East to Packer Drive. North to Forest Home Drive. Right on Forest Home Drive, property is on Left.


Listed By: Shorewest, Realtors

This listing was last updated by Shorewest, Realtors on July 21, 2026, 10:01 am.
Listing has been on the market for 12 days, since July 16, 2026.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Paragon Real Estate Group nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright 2026 RANW MLS. All rights reserved. RANW MLS records were last updated on 07/28/2026 4:15 pm.

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