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    219 State St Algoma, WI 54201

    For Sale
    $199,900

    Updated Retail Space, High Visibility, 3104 sq ft

    Property size:
    3,104 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3,104 square foot commercial property is ideally situated in the heart of Algoma, Wisconsin, at 219 State Street. Boasting a highly visible location just off the intersection of 4th and Navarino Streets, this property benefits from significant daily traffic, with nearly 4,000 vehicles passing by per Wisconsin Department of Transportation data. Recently updated, the building features a refreshed facade, new exterior lighting, a modern overhead door, and attractive interior finishes. The interior space is well-suited for retail use, as evidenced by its current configuration as an outfitter store. Features include ample showroom lighting, multiple bathrooms, convenient changing rooms, and zoned heating for optimal climate control. Significant storage space is also included. The property's strategic location offers easy access to local amenities, including a nearby winery and brewery, as well as recreational and cultural attractions. This 0.18-acre lot presents a unique opportunity for a business seeking a high-traffic, well-maintained space in a thriving community. The asking price is $199,900. This is a turnkey operation ready for immediate occupancy.

    Property Features for 219 State St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,104 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1959
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Algoma
    County
    KEWAUNEE
    State
    Wisconsin
    Longitude
    -87.43724
    Latitude
    44.60979

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    FAQs

    What type of property is this?
    Commercial real estate - Updated Retail Space, High Visibility, 3104 sq ft
    Where is this commercial real estate located?
    The property is located at 219 State St Algoma, WI.
    What is the asking price?
    The asking price for this property is $199,900.
    (920) 593-4100
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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
    219 State St Algoma, WI 54201
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