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Lesage Building 1304 Hammond Ave 2 Unit Apartment Building $912,490 CAD ($456,245 CAD/Unit) 5% Cap Rate Superior, WI 54880
Investment Highlights
- Prominent corner-lot location in Superior with strong visibility and accessibility
- Well-positioned within Superior with convenient access to local businesses, services, and transportation corridors
- Historic 1930-built property featuring character, architectural charm, and substantial square footage
Executive Summary
Unlock the potential of this stately corner-lot property offering over 7,600 square feet of versatile space in a high-traffic location. With four heated, insulated attached garages and off-street parking behind them, this property is perfectly positioned for a wide range of uses. Whether you’re envisioning a charming bed & breakfast, a multi-unit conversion (3–4 plex), group home, or another investment venture, the possibilities here are truly endless. Inside the main level, you’ll find expansive rooms filled with character, including multiple huge rooms—providing a flexible layout ready to be adapted to your vision. The second level is an enormous 4-bedroom apartment, complete with a kitchen, dining room, laundry room, primary suite, a private rooftop deck, and a 3rd-floor massive recreation room. The full basement has office space, a utility room, and a large area for your imagination, adding even more functionality and potential for additional use or storage. A rare opportunity to own a high-visibility, high-potential property in one of the area’s most sought-after neighborhoods. Bring your ideas and make it your next successful investment
Property Facts
| Price | $912,490 CAD | Building Class | C |
| Price Per Unit | $456,245 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 7,632 SF |
| Cap Rate | 5% | Average Occupancy | 0% |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | Parking Ratio | 0.52/1,000 SF |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Zoning | R3 - Apartment Residential | ||
| Price | $912,490 CAD |
| Price Per Unit | $456,245 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 7,632 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 0.52/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3 - Apartment Residential |
Amenities
Site Amenities
- Conference Rooms
- Multi Use Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 2 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-805-03028-00 | Improvements Assessment | $518,556 CAD |
| Land Assessment | $113,829 CAD | Total Assessment | $632,385 CAD |
Property Taxes
Parcel Number
05-805-03028-00
Land Assessment
$113,829 CAD
Improvements Assessment
$518,556 CAD
Total Assessment
$632,385 CAD
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Lesage Building | 1304 Hammond Ave
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