Property Description

This one-of-a-kind investment property is looking for its next owner! Featuring TWO buildings on one parcel, this property offers three existing units with potential for a fourth, creating multiple income streams and flexible use options.Unit One has housed Pothos Coffee for the past several years and now has a three-year lease in place for a new coffee shop expected to open in April 2026. With the upcoming Kimmswick street project, this location is well-positioned for continued foot traffic and long-term visibility.Unit Two (brick building, main floor) is currently used as a studio apartment and features a full bathroom, kitchen, high ceilings, and beautiful exposed brick throughout. This space was previously operated as a photo studio generating $1,500/month and offers excellent potential for retail, office, a bridal or groom suite to pair with the nearby wedding estate, or a short-term rental, as Kimmswick is home to multiple successful Airbnbs. Unit Three (brick building, second level) is a one-bedroom apartment that previously generated $1,000/month. With light updating, comparable market rents suggest $1,400+ per month is achievable.The lower level of the brick building offers sidewalk access and could serve as an additional business space, office, storage, or future unit.The brick building offers exceptional flexibility, making this property attractive to a wide range of buyers. Depending on a buyer's vision, the space could be utilized as short-term (Airbnb), mid-term, or long-term rental units, capitalizing on Kimmswick's tourism, wedding traffic, and small-town charm. The main-level studio and upper-level space also lend themselves well to creative or boutique commercial uses, including a photo studio, bridal or groom suite in conjunction with the nearby wedding estate, boutique retail, professional office space, or wellness services. With multiple entrances, sidewalk access, and adaptable layouts, the property allows for a mix of residential and commercial uses that can evolve over time.In total, the property is estimated to generate $4,250-$5,200 per month across all four spaces. Whether you're looking to house hack by living onsite while rental income offsets the mortgage, or you're an investor seeking a high-cash-flow, largely hands-off opportunity, this is a property worth serious consideration.

Property Features