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Investment Highlights

  • Awesome potential for multifamily
  • Flexible development and reuse potential
  • Strong frontage and site access
  • Opportunity to satisfy both immediate use and long-term investment strategies

Executive Summary

Property offers a unique blend of Commercial and R-1B Residential zoning, providing flexibility for a range of development or owner-user scenarios. The site benefits from strong frontage and accessibility while supporting potential mixed-use, neighborhood commercial, or residential applications subject to city approvals. Its dual-zoning configuration positions the property to accommodate both near-term use and long-term redevelopment potential.

Attachments

Lenroot CR

Property Facts

Price $550,000
Price Per Unit $550,000
Sale Type Investment
No. Units 1
Property Type
Multifamily
  • Multifamily Dormitory
Apartment Style Single-Family Home
Lot Size 0.37 AC
Building Size 4,654 SF
No. Stories 3
Year Built 1923
Parking Ratio 4.08/1,000 SF
Zoning Commercial and R1B - Commercial and R1B
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
02-802-06221-00
Land Assessment
$52,500
Improvements Assessment
$285,100
Total Assessment
$337,600
  • Listing ID: 40440652

  • Date on Market: 5/7/2026

  • Last Updated:

  • Address: 1209 E 5th St, Superior, WI 54880

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