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    419 Main St Merrill, WI 54452

    For Sale
    $299,000

    Downtown Merrill, WI - 12,500 sq ft

    Property size:
    12,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 12,500 square foot commercial building at 419 W MAIN STREET in Merrill, WI, presents a unique investment opportunity. Boasting two levels of versatile space, this property is ready for its next chapter. Significant renovations have already been completed, including a new roof and windows, and the abatement of asbestos. Detailed architectural drawings and an engineer's report are available, outlining the progress made on a previous plan to convert the space into loft apartments and retail shops or a gallery. The building is structurally sound and in excellent condition for its age, showcasing the quality of the completed work. While currently lacking running water, the property is well-positioned for a variety of commercial uses. The existing infrastructure provides a solid foundation for a new owner to customize the space to their specific needs, focusing on plumbing, electrical, and HVAC systems. Ample parking is available on-site. Priced at $299,000, this property offers substantial square footage and significant value for a discerning buyer. Earnest money will be held locally.

    Property Features for 419 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,500 SF

    Building Details

    Year Built
    1923
    Property Profile Location Intelligence

    Current Use by Public Records

    Winds Paradox Art ... Art Gallery Winds Paradox Art Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrill
    County
    LINCOLN
    State
    Wisconsin
    Longitude
    -89.70643
    Latitude
    45.17873

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Merrill, WI - 12,500 sq ft
    Where is this commercial real estate located?
    The property is located at 419 Main St Merrill, WI.
    What is the asking price?
    The asking price for this property is $299,000.
    (715) 360-9622
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    419 Main St Merrill, WI 54452
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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
    419 Main St Merrill, WI 54452
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