TrentHalverson
(608) 577-2013

256 E Chestnut Street, Burlington, WI 53105

$1,750,000
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  • 256 E Chestnut Street, Burlington, WI 53105 Main Photo

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New to the Market Active
SQUARE FEET8,000 MLS#1980528
STATUSActive PROPERTY TYPECommercial - Business
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Listing Courtesy of: Great Lakes Real Estate Svs
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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.

256 E Chestnut Street | MLS# 1980528

This commercial property located at 256 E Chestnut Street, Burlington, WI 53105 is currently listed for sale with an asking price of $1,750,000. Search Burlington real estate on thalverson.starkhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Lot Size: 0.10 Acres
Roof Type: Rubber/Membrane
Taxes: $7,637
Year Built: 1900

Feature Descriptions

Basement: Full
Building: Free Standing
Ceiling Height: 11 - 15 feet, 8 - 10 feet
Commercial Features: Freight Elevator(s), Restroom(s), Security Equipment, Interior Sprinkler
Data Source: WIREX_METRO
Days on Site: 2
Exterior: Brick, Brick/Stone
Heating Fuel: Natural Gas
Real Estate Included: Yes
Security: yes
Water/Waste: Municipal Sewer, Municipal Water

Listed By / Shown By

Listed By

Agency Name: Great Lakes Real Estate Svs

Shown By

Agent Name: Trent Halverson
Agent Phone: (608) 577-2013
Agency Title: Stark Company Realtors

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4509 Cottage Grove Road
Madison, WI 53716
(608) 577-2013
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