508 Eugene St Merrill, WI 54452
This exceptional 6,600 square foot commercial property located at 508 Eugene Street in Merrill, Wisconsin, presents a unique investment opportunity. The building, a former church, boasts a versatile layout ideal for a variety of commercial uses. The expansive interior features large open areas perfect for customization into offices, retail spaces, or other commercial ventures. A thoughtful design allows for a welcoming entryway with an overhang, creating a professional and inviting reception area. The property includes a convenient shed for additional storage. A paved drive-up/drop-off area ensures easy access and ample parking. Furthermore, the property includes a playground area (equipment excluded), offering potential for additional development or amenity use. The substantial land surrounding the building provides significant opportunities for expansion, future development, or even the possibility of subdividing and selling off portions to other users. Priced at $561,000, this property offers significant potential for return on investment in a desirable location. The combination of size, location, and versatility makes this a truly remarkable opportunity for a discerning buyer. Don't miss out on this chance to acquire a substantial commercial property with immense potential.
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Highland Community Church Merrill Campus Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.