121 N Water Street, Albany, WI 53502 (MLS # 2028813)

Brought to you by Realty Executives Premier
Listed with ALTUS Commercial Real Estate, Inc.

Price $399,000
Status Active
Size n/a
Lot Size 2,832 sqft
Mixed use investment opportunity in the heart of downtown Albany, Wisconsin. This well maintained and extensively updated building features two income producing units in a highly desirable location along the Sugar River. The commercial space is occupied by an established hemp shop under a long-term 5 year lease, providing stable rental income. The second unit is a fully furnished 2 bedroom, 2 bath Airbnb overlooking the Sugar River and Albany Dam, offering guests stunning water views and a unique destination experience. The residential unit includes in unit laundry and is being offered fully furnished for a seamless transition to new ownership. The property has benefited from numerous capital improvements, including new floor joists and support beams throughout the building, extensive exterior tuckpointing, and separate central forced air HVAC systems for each unit. Additional features include a full basement with approximately 10.5' ceilings and walkout access to the river.
Property Type(s): Commercial
Last Updated 7/24/2026 Year Built 0
County Green

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Full, Walk-Out Access, Yes
CONSTRUCTION Brick
HEAT Forced Air, Natural Gas
LOT 2831 sq ft
MLS STATUS Active
SEWER Public Sewer
STORIES 1
TAXES 1372
WATER Public
Listed with ALTUS Commercial Real Estate, Inc.

Information is supplied by seller and other third parties and has not been verified.

Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2026.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sarah McLean to contact you even if your name is on a Federal or State "Do not call List".

Email a Friend