Versatile Commercial Property on Highway
11569 S Business Highway 53 Solon Springs, WI 54873
For Sale
$250,000
COMMERCIAL - Solon Springs, WI
Property Size3,200 SF
Lot Size0.19 Acres
Price / SF$78.13
Days on Market106
Property Features for 11569 S Business Highway 53
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Interior features
- Storage
- Standard status
- Active
- APN
- SS-181-00524-01
- Size
- 3,200 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- S-10' Lot 7, All 8, Blk 5, Charles Lord's Add to White Birch 26-45-12
- Tax Annual Amount
- 2484
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Private, Well
Building Details
- Year built
- 1980
- Building materials
- Steel
- Additional Structures
- Storage
Listing Agency:
Re/Max 4 Seasons, LLC
(715) 635-6500
Listed By:
Sara Haakenson · License #50283-94
(218) 730-8317
Added: Apr 10
Changed: May 14
Last Checked: Jul 24 at 6:06AM
MLS# 1599953
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property, located on Business Highway 53 in Solon Springs, Wisconsin, has historically functioned as an auto parts store, auto repair shop, small engine repair center, and powersports service location. Its location provides visibility and accessibility for customers, with proximity to US Highway 53. The building's front area is designed for retail operations, featuring a customer area with a service counter suitable for sales, customer interactions, and inventory display. The central portion of the building includes storage space and a restroom. A 36' x 30' attached garage addition includes two 12-foot overhead doors, a 12,000 lb 4-post vehicle hoist, and space for tools and equipment. The property is suitable for automotive or mechanical services. The property size is 3200 square feet and the lot size is 0.19 acres.
Key Highlights
- Newer 36' x 30' attached garage with two 12‑foot overhead doors and a 12,000 lb 4‑post vehicle hoist.
- Versatile commercial property suitable for auto parts, auto repair, small engine repair, and powersports service.
- Excellent visibility and easy access on Business Highway 53, near US Highway 53.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.8k | $5.88 |
| − Vacancy | −$339 | −$0.11 |
| EGI | $18.5k | $5.77 |
| − OpEx | −$5.5k | −$1.73 |
| NOI | $12.9k | $4.04 |
3,200 SF · lease $5.88/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$561.0K
$490.9K – $654.5K
NOI $39,272 @ 7.0% cap · market cap 15.71%
Second Best
Industrial
$184.8K
$161.7K – $215.6K
NOI $12,934 @ 7.0% cap · market cap 5.17%
Theoretical Best
Specialty Retail
$1.01M
$882.8K – $1.18M
NOI $70,625 @ 7.0% cap · market cap 28.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
FAQs
What type of property is this?
Automotive property - Auto repair, retail, and service shop on Business Highway.
Where is this automotive property located?
The property is located at 11569 S Business Highway 53 Solon Springs, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Newer 36' x 30' attached garage with two 12‑foot overhead doors and a **12,000 lb 4‑post vehicle hoist**.; Versatile commercial property suitable for auto parts, auto repair, small engine repair, and powersports service.; **Excellent visibility and easy access** on Business Highway 53, near US Highway 53.
