$330,000

4 Beds 3 Baths 3,728 Sqft

506 Forest Home Drive, Francis Creek, WI 54214

Property Type: Multi-Family
Building Type: 2 Story
Time on Market: 19 days
Price per Sqft: $89
Total Taxes: $5,726
Est. Age: 21+ Years

Description

Exceptional investment opportunity featuring a landmark former supper club and bowling alley with significant income potential. The property currently generates approximately $6,500 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.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 0 760
Unit 2 1 1 — 760
Unit 3 1 1 0 760

Property Details

Interior

Basement:
  • Full, Walk Out/Outer Door, Block, Poured Concrete, Stone
Baths:
  • Full Baths: 3
Heating/Cooling:
  • Forced Air, Radiant
Heat Fuel:
  • Electric,Natural Gas
Sqft:
  • Total Sqft: 3,728
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 3501-5000
  • Lot Sqft Source: Assessor/Public Record

Exterior

Acreage:
  • Range: 1 to 4.99
  • Source: Assessor/Public Record
Exterior:
  • Aluminum/Steel, Brick
Lot:
  • Description: Level
  • Lot SqFt Source: Assessor/Public Record
Parking:
  • Details: Outside
Water:
  • Waterfront: N
Water/Waste:
  • Well, Municipal Sewer

Misc.

New Construction:
  • N
Postal:
  • Code: 54214
Street:
  • Name: FOREST HOME DRIVE
  • Suffix: DRIVE
Zoning:
  • Commercial,MULTI-FAMILY(5+UNITS)

Map

Listing Agent-Provided 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.

Monthly Payment Calculator

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Schools and Neighborhood

School District:
  • Mishicot
Postal City:
  • Francis Creek
Municipality:
  • Name: FRANCIS CREEK
  • Type: Village
County:
  • MANITOWOC

Market Comparison

How this property compares to local market averages — calculated 8/5/2026

This Property
Francis Creek Multi Family Home Avg
Manitowoc County Multi Family Home Avg
List Price
$330,000
$330,000
$213,250
Median Price
—
$330,000
$189,450
Price / Sq Ft
$89
$88
$95
Days on Market
19 days
19 days
52 days
Total Listings
—
1
24

Listing Information

  • Time on Market: 19 days
  • Place Perfect Last Updated: 2026-07-20 10:54:30
  • MLS Number: 50329286
  • Subsystem Locale: WIREX_RANW
  • Listing Office: Shorewest, Realtors
  • Listing Agent: Joe Moore

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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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