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1522 MONROE Two Rivers, WI 54241

$305,000
0.16 Acres  |  3,294 Square Feet   |   MLS # 50327017

Description

Income-producing commercial property in the heart of Two Rivers offering an excellent opportunity for investors, entrepreneurs, or owner-occupants. Located on a corner lot along the West Twin River with scenic river views, this property features retail/commercial space with excellent visibility, office space, and ample parking. The upper level includes a 2BR/1BA and a 1BR/1BA apartment, both with in-unit laundry and month-to-month leases. Recent updates include electrical, plumbing, and gas lines, plus renovations to the 1BR unit. Generating an attractive 8% cap rate with strong cash-flow potential. Conveniently located near shopping, restaurants, marinas, parks, and Lake Michigan beaches.

Property Details

General

# Stories: 2

Square Feet: 3,294

Tax Amount: $2,204

Property Type: Real Estate

County: Manitowoc

Misc. Exterior/Interior:

  • Building Sign
  • Living Space Avail
  • Offices

Interior

Total Square Feet: 3,294

Basement / Lower Level: Full

Water Source: Public

Waste: Public Sewer

Heating/Cooling: Forced Air

Heating Fuel Type: Natural Gas

# Restrooms: 2

Lot / Exterior

Foundation: Block

Exterior Construction:

  • Aluminum Siding
  • Brick

Building Parking:

  • Gravel
  • On Site
  • Common

Parking Total: 10

Sq. Ft. of Lot: 7,057

# Acres: 0.16

Listing Broker

Seidl & Associates a Div of Shorewest, Realtors

Directions & Map

From Hwy 42 (Memorial Dr), turn west onto Monroe St. Property on left.


Listed By: Seidl & Associates a Div of Shorewest, Realtors

This listing was last updated by Seidl & Associates a Div of Shorewest, Realtors on June 9, 2026, 10:01 am.
Listing has been on the market for 4 days, since June 8, 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 06/12/2026 10:15 pm.

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