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    1021 Main St E Merrill, WI 54452

    For Sale
    $274,900

    COMMERCIAL - Merrill, WI

    Type:Retail
    Lot size:
    0.28 Acres
    Days on Market:
    154
    Last Refresh:
    Dec 9 at 6:06 pm

    Property Features for 1021 Main St E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    25131061230288
    Parking features
    Parking Lot
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick, Frame, Concrete

    Century 21 Best Way Realty (715) 453-3365 [email protected]

    Listing agent ANDREA KRUEGER (715) 551-4980 License #47594 - 90

    Listing date Jul 9, 2025

    MLS# 207738 Listing URL

    Copyright © 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Merrill Retail Building For Sale

    This approximately 20,000 square feet building is available in downtown Merrill, Wisconsin. The building faces the main street on the upper level, while the lower level entrance faces a large city-owned and maintained parking lot. The main level features display windows suitable for retail purposes. The lower level is currently used for retail, but it offers potential for multiple uses, including office space. There was formerly a cafe in this area. The business currently occupying the upper floor could potentially stay for two years and pay the buyer a monthly lease. The lot size is 0.28 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Merrill Hometown Pharmacy Pharmacy

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merrill
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.68465973
    Latitude
    45.18035225

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    FAQs

    What type of property is this?
    Retail space - Well-kept 20,000 SF building in downtown Merrill, Wisconsin.
    Where is this retail space located?
    The property is located at 1021 Main St E Merrill, WI.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: - Approximately 20,000 sq ft well-maintained building in downtown Merrill, WI.; - Main level faces main street with display windows, ideal for retail.; - Lower level entrance faces a large, city-maintained parking lot.
    (715) 551-4980
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1021 Main St E Merrill, WI 54452
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