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    221 Watson St Ripon, WI 54971

    For Sale
    $299,000

    Two Buildings, Endless Potential

    Property size:
    1,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 221 Watson Street, Ripon, WI, presents a rare opportunity. Two adjacent buildings, totaling 1,500 square feet on a 0.15-acre lot, are offered for sale together or individually. Ideally situated in the heart of downtown Ripon, these buildings boast significant historical charm, having previously housed the Knuth Brewing Company. The buildings retain many original features, including gleaming hardwood floors, large windows, and impressive tin ceilings, creating a unique and inviting atmosphere. Each building features a 2-bedroom, 1-bathroom apartment on the upper level, providing additional income potential. The main level retail space is versatile, suitable for a wide range of businesses, from a restaurant or bakery to a boutique or coffee shop. The prime location in this thriving Midwest city ensures high visibility and accessibility. This is an excellent investment opportunity for an entrepreneur seeking a distinctive and well-located commercial property with significant character and income potential. The asking price for both buildings is $299,000. Individual pricing is available upon request.

    Property Features for 221 Watson St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,500 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1885
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Ripon
    County
    FOND DU LAC
    State
    Wisconsin
    Longitude
    -88.83852
    Latitude
    43.84463

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    FAQs

    What type of property is this?
    Commercial real estate - Two Buildings, Endless Potential
    Where is this commercial real estate located?
    The property is located at 221 Watson St Ripon, WI.
    What is the asking price?
    The asking price for this property is $299,000.
    (608) 733-7760
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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
    221 Watson St Ripon, WI 54971
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