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501 S Douglas St
Appleton, WI 54914
501 S Douglas St Appleton · Retail Property For Sale


Investment Highlights
- Furnaces Replaced in 2018/2026
- Income Producing Apartment
- Large Parking Lot
Executive Summary
Well-located mixed-use commercial property in the heart of Appleton offering both owner-occupant and investment appeal. The 2,000SF, two-story building sits on approximately 0.23 acres and features abundant on-site parking.
The main level is currently operated as a hair salon and offers a handicap-accessible commercial layout with strong visibility and flexible future use potential. The second floor consists of a 2-bedroom apartment, providing immediate supplemental income or the option for owner occupancy. Both units include in-unit washer and dryer, with gas and electric separately metered; water is paid by the landlord.
Capital improvements include furnaces replaced in 2018 (main floor) and 2026 (upper apartment). The property has historically been well maintained and lends itself well to a variety of retail, service, or professional uses while maintaining residential income upstairs.
An ideal opportunity for an owner-user looking to offset occupancy costs or an investor seeking a small, manageable mixed-use asset in a strong Appleton location.
The main level is currently operated as a hair salon and offers a handicap-accessible commercial layout with strong visibility and flexible future use potential. The second floor consists of a 2-bedroom apartment, providing immediate supplemental income or the option for owner occupancy. Both units include in-unit washer and dryer, with gas and electric separately metered; water is paid by the landlord.
Capital improvements include furnaces replaced in 2018 (main floor) and 2026 (upper apartment). The property has historically been well maintained and lends itself well to a variety of retail, service, or professional uses while maintaining residential income upstairs.
An ideal opportunity for an owner-user looking to offset occupancy costs or an investor seeking a small, manageable mixed-use asset in a strong Appleton location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,000 SF
Year Built
1920
Price
$329,000
Price Per SF
$164.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Property Taxes
| Parcel Number | 31-3-0066-00 | Improvements Assessment | $117,700 |
| Land Assessment | $20,300 | Total Assessment | $138,000 |
Property Taxes
Parcel Number
31-3-0066-00
Land Assessment
$20,300
Improvements Assessment
$117,700
Total Assessment
$138,000
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