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    809 Thomas St Mellen, WI 54546

    For Sale
    $299,900

    2.5 Acres, Multiple Buildings, Hwy 13 Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 2.51-acre commercial property, situated on Highway 13 in Mellen, Wisconsin, presents a unique investment opportunity. The existing structures offer significant potential for a variety of commercial uses. Currently configured as a car sales lot, the property's versatility allows for diverse adaptations. The main shop building features a metal roof and three large access points: two 10-foot-wide overhead doors and one 8-foot-wide sliding barn door, all within a 30' x 90' footprint. A 30' x 30' addition was completed in 2016. Also on the property is a vinyl-sided garage (18' x 22') with asphalt shingles, an 8-foot overhead door, and a 4-foot sliding barn door

    Property Features for 809 Thomas St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    109,336 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale Shop Nail Salon Hotel & Motel Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Mellen
    County
    ASHLAND
    State
    Wisconsin
    Longitude
    -90.66452
    Latitude
    46.31728

    Nearby Comparable

    • $349,900
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      Mellen Auto Shop & More

      Highway 13 Commercial Property, High Potential
      809 Thomas St, Mellen, WI 54546
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      41.50 Acres

      Mellen, WI Land with Waterfalls

      41.5 acre property with waterfalls and business opportunities.
      unit 41.5/- A On Riv Rd, Mellen, WI 54546
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    • $114,900
      40.00 Acres

      Mellen, WI Hardwood Timberland

      40+/- acres of premier hardwood timberland for recreational or investment.
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    Nearby Similar for Sale

    • $349,900
      2,700 SF

      Mellen Auto Shop & More

      Highway 13 Commercial Property, High Potential
      809 Thomas St, Mellen, WI 54546
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 2.5 Acres, Multiple Buildings, Hwy 13 Frontage
    Where is this commercial real estate located?
    The property is located at 809 Thomas St Mellen, WI.
    What is the asking price?
    The asking price for this property is $299,900.
    (715) 292-6513
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    809 Thomas St Mellen, WI 54546
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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
    809 Thomas St Mellen, WI 54546
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