406 Main E St Menomonie, WI 54751-2545
This exceptional commercial property, situated at 406 Main Street in the heart of Menomonie, Wisconsin, presents a compelling investment opportunity. The building boasts a prominent location in the downtown area, ensuring high visibility and accessibility. Constructed of historic brick, this well-maintained structure offers substantial appeal. A long-term lease is currently in place with an existing tenant, providing immediate and consistent cash flow. Significant improvements have been undertaken in recent years, enhancing both the building's functionality and longevity. These upgrades include a new roof installed in 2021, addressing a critical aspect of building maintenance. Furthermore, the electrical, mechanical, and plumbing systems underwent comprehensive improvements between 2011 and 2012, ensuring efficient and reliable operation. A full basement, featuring a newer concrete floor, provides ample storage space or potential for future expansion. The property's prime location, coupled with its recent renovations and secure tenancy, makes it an ideal investment for discerning buyers seeking a stable and appreciating asset in a thriving downtown environment. The building's solid construction and consistent maintenance history contribute to its overall value and potential for long-term growth. This is a rare opportunity to acquire a well-established commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.