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$305,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 1522 Monroe St
General
- Price: $305,000
- Taxes: $2,204
- Status: Active
- Type: Retail
- Source: Wirex_Realtors_Association_of_Northeast_Wisconsin_RANW
- MLS ID: 50327017
- Updated: 6/8/2026
- Added to Site: 1 day(s) ago
Additional Information
- Other Features: Signage Available, Living Space
Parking
- Total Spaces: 10
- Parking Features: Gravel, On Site Parking, Shared
Location
- Municipality: Two Rivers
- County: Manitowoc
- Driving Directions: From Hwy 42 (Memorial Dr), turn west onto Monroe St. Property on left.
School Information
- School District: Two Rivers
Heating & Cooling
- Heating/Cooling: Forced Air, Gas
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: 2 Stories
- Exterior Const.: Aluminum/Steel, Brick
- Basement Desc.: Block, Full
- Square Feet: 3,294
- Square Feet Range: 3001 to 3500
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.16
- Lot Size Range: 0 to .499 Acres
- Lot Size Source: Assessor/Public Record
- Zoning: commercial
Water Features
- Water Front Desc.: View of Water
Financial Considerations
- Tax Amount: $2,204.09
Listed by Seidl & Associates a Div of Shorewest, Realtors
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Schools
Schools serving 1522 Monroe St
School District:Two Rivers School District
| Name | Grades | Distance |
|---|---|---|
Koenig Elementary School 1114 Lowell Street, Two Rivers, WI 54241 | PK-4 | 0.7 mi |
Clarke Middle School 4608 Bellevue Place, Two Rivers, WI 54241 | 5-8 | 2.1 mi |
Two Rivers High School 4519 Lincoln Avenue, Two Rivers, WI 54241 | 9-12 | 2.1 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 1522 Monroe St
Date
Details
Price
Change
Source
6/08/2026
Listed
$305,000
-6.15%
MLS
3/15/2022
Sold
$325,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1522 Monroe St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,204
5%
$118,300
—
2024
$2,103
-38%
$118,300
—
2023
$3,395
6%
$118,300
—
2022
$3,199
51%
$118,300
46%
2021
$2,125
4%
$81,300
—
2019
$2,046
—
$81,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1522 Monroe St
1522 Monroe Street, Two Rivers, WI 54241 (MLS# 50327017) is a Retail property. 1522 Monroe Street is currently listed for $305,000 and was received on June 08, 2026. Want to learn more about 1522 Monroe Street? Do you have questions about finding other Retail real estate for sale in Two Rivers? You can browse all Two Rivers real estate or contact a Coldwell Banker agent to request more information.

