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    1009 Main St Merrill, WI 54452

    For Sale
    $124,900

    Prime location, versatile building, high potential.

    Property size:
    3,950 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This 3,950 square foot commercial property is ideally situated on Main Street in Merrill, Wisconsin, just west of the courthouse. Its previous use as a dance studio offers a flexible layout adaptable to a variety of businesses. The main floor presents ample space suitable for retail or office use, while the upstairs area, previously part of the dance studio, holds potential for conversion into an apartment or additional living space. A usable basement provides significant storage capacity. The property includes convenient access to a rear entrance garage and benefits from both a public parking lot at the rear and ample street parking in front. This central location within Merrill offers excellent visibility and accessibility for customers and employees. The building's versatility and prime location make it an attractive opportunity for entrepreneurs seeking a well-positioned commercial space with significant expansion possibilities. The property is offered at $124,900. This is a rare chance to acquire a substantial commercial building in a thriving Wisconsin community. Don't miss this opportunity to establish your business in a highly visible and convenient location.

    Property Features for 1009 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,950 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Dorinda's Dance Studio Dance School

    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
    Merrill
    County
    LINCOLN
    State
    Wisconsin
    Longitude
    -89.68522
    Latitude
    45.18011

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile building, high potential.
    Where is this commercial real estate located?
    The property is located at 1009 Main St Merrill, WI.
    What is the asking price?
    The asking price for this property is $124,900.
    (715) 536-9518
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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
    1009 Main St Merrill, WI 54452
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