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    N8004 Morgan Rd Gresham, WI 54128

    For Sale
    $195,000

    Versatile 4,200 sq ft building on 1.45 acres

    Property size:
    4,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 4,200 square foot commercial property, situated on a 1.45-acre lot in Gresham, Wisconsin, presents a unique investment opportunity. Originally constructed in 1942 and significantly expanded in 2011, the building boasts a rich history and adaptable floor plan. The original structure features a charming wood floor and a ramp leading to a partial basement, complete with a spacious room and a functional kitchen area. The 2011 addition includes a modern sanctuary with a stamped concrete floor featuring in-floor heating and another kitchen. Connecting the older and newer sections is a sizable lobby area, conveniently equipped with an office and three restrooms. The property's versatility is undeniable, with potential uses ranging from a daycare center or retreat facility to apartments, retail space, a gym, or even a vacation rental. Multiple uses could be combined to maximize the property's potential. A cemetery is included within the 1.45-acre parcel

    Property Features for N8004 Morgan Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,200 SF
    Lot Size
    63,162 SF

    Building Details

    Year Built
    1937
    Property Profile Location Intelligence

    Current Use by Public Records

    Old Stockbridge Orthodox ... Presbyterian Church

    Suggested Use

    Restaurant Hair Salon Food Market Grocery Store Building Supply Department Store Wholesale Shop Bar & Pub Auto Repair Shop Laundry Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    SHAWANO
    State
    Wisconsin
    Longitude
    -88.82208
    Latitude
    44.88176

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 4,200 sq ft building on 1.45 acres
    Where is this commercial real estate located?
    The property is located at N8004 Morgan Rd Gresham, WI.
    What is the asking price?
    The asking price for this property is $195,000.
    (715) 526-6148
    Request Owner's contact information
    N8004 Morgan Rd Gresham, WI 54128
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    Gresham, WI 54128
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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
    N8004 Morgan Rd Gresham, WI 54128
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