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    137-147 Main St NORTH Amherst, WI 54406

    For Sale
    $177,500

    Real Estate For Sale - Amherst, WI

    Property size:
    3,503 SF
    Days on Market:
    289
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 137-147 Main St NORTH

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Size
    3,503 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Number of units
    4
    Building materials
    Other
    Roof type
    Membrane, Metal, Rubber
    Architectural style
    Other

    KPR Brokers, LLC (715) 498-2447 [email protected]

    Listing agent TEAM KITOWSKI (800) 746-9464 License #52728-90

    Listing date Feb 21, 2025

    MLS# 22400955 Listing URL

    Copyright © 2025 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Amherst Commercial Building For Sale

    This completely rented commercial building is located on Main Street in the business area of downtown Amherst. It features two commercial spaces on the lower level and two apartment spaces upstairs, totaling four units. All tenants are long-term. The leases have been recently updated with escalations, and the property has a strong rental history and has been well maintained. This property offers an investment opportunity with attractive cap rates.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Portage
    State
    Wisconsin
    Longitude
    -89.285025
    Latitude
    44.451114

    Nearby Similar for Sale

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      4,742 SF

      Amherst Commercial Property - High Income

      Turnkey Commercial Building w/ River Views
      141 County Road Kk, Amherst, WI 54406
      View Details
    • $490,000
      4,742 SF

      Amherst Commercial Trio

      Multi-use building, high income potential.
      141 County Road Kk, Amherst, WI 54406
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Completely rented commercial building with long-term tenants in downtown Amherst.
    Where is this mixed-use property located?
    The property is located at 137-147 Main St NORTH Amherst, WI.
    What is the asking price?
    The asking price for this property is $177,500.
    What are key features of this property?
    This property features: - Cap rate over 10%; - Completely rented with long-term tenants; - Located on Main St in downtown Amherst business area
    (800) 746-9464
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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
    137-147 Main St NORTH Amherst, WI 54406
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