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$285,000
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Property Description
Exceptional investment opportunity featuring a landmark former supper club and bowling alley with significant income potential. The property currently generates approximately $4,000 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.
Full Property Details
Full Property Details for 506 Forest Home Dr
General
- Sold For: $285,000
- Taxes: $5,726
- Status: Closed
- Type: Commercial Service
- Source: Wirex_Realtors_Association_of_Northeast_Wisconsin_RANW
- MLS ID: 50329284
- Added to Site: 82 day(s) ago
Additional Information
- Other Features: Conveyor, Furniture
Parking
- Parking Features: On Site Parking, Paved Lot
Location
- Municipality: Francis Creek
- County: Manitowoc
- Driving Directions: 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.
School Information
- School District: Mishicot
Heating & Cooling
- Heating/Cooling: Forced Air, Window/Wall Air Conditioning, Gas
Utilities
- Water/Sewer: Well, Municipal Sewer
Structural Information
- Description/Design: Freestanding
- Exterior Const.: Aluminum/Steel, Block
- Basement Desc.: Stone, Partial
- Square Feet: 15,360
- Square Feet Range: 5001 or More
Unit Information
- Units in Building: 13
Lot Features
- Lot Size (Acres): 1.04
- Lot Size Range: 1 to 4.99 Acres
- Lot Size Source: Assessor/Public Record
- Zoning: Commercial
Financial Considerations
- Tax Amount: $5,726
Listed by Seidl & Associates a Div of Shorewest, Realtors
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Schools
Schools serving 506 Forest Home Dr
School District:Mishicot School District
| Name | Grades | Distance |
|---|---|---|
Schultz Elementary School 510 Woodlawn Drive, Mishicot, WI 54228 | PK-5 | 5.1 mi |
Mishicot Middle School 660 Washington Street, Mishicot, WI 54228 | 6-8 | 5 mi |
Mishicot High School 660 Washington Street, Mishicot, WI 54228 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Forest Home Dr
Date
Details
Price
Change
Source
9/30/2026
Sold
$285,000
-13.64%
MLS
7/16/2026
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 Forest Home Drive, Francis Creek, WI 54214 (MLS# 50329284) is a Commercial Service property that was sold at $285,000 on September 30, 2026. Want to learn more about 506 Forest Home Drive? Do you have questions about finding other Commercial Service real estate for sale in Francis Creek? You can browse all Francis Creek real estate or contact a Coldwell Banker agent to request more information.

