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    501 Hewett St Neillsville, WI 54456

    For Sale
    $249,000

    10,100 sq ft, High-Visibility Corner Lot

    Property size:
    10,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 10,100-square-foot Class A commercial building presents a remarkable investment opportunity in the heart of Neillsville, Wisconsin. Situated on a highly visible corner lot with easy access to Highway 73 and ample adjacent parking, this property boasts high-quality interior and exterior finishes. The building features a convenient front entrance and an open stairwell connecting the main and lower levels. Currently, the main floor houses established professional tenants in large, well-appointed office suites. The lower level offers versatile space, ideal for multiple businesses, with several two and three-room suites. These suites include built-in sink/counter stations, conference space, and a front office check-in area. Both floors include well-maintained kitchenette/break rooms and bathrooms, ensuring convenience for all occupants. The building also benefits from a recently installed roof and key card secure door entry for enhanced security. This meticulously maintained property, spanning 0.18 acres, represents an unparalleled opportunity for investors and entrepreneurs seeking a prime location in a thriving business district. The established tenants on the main floor provide immediate income potential, while the adaptable lower level offers significant expansion possibilities. Don't miss this chance to acquire a truly exceptional commercial property.

    Property Features for 501 Hewett St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,100 SF
    Lot Size
    7,841 SF
    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
    Neillsville
    County
    CLARK
    State
    Wisconsin
    Longitude
    -90.59599
    Latitude
    44.56006

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    FAQs

    What type of property is this?
    Commercial real estate - 10,100 sq ft, High-Visibility Corner Lot
    Where is this commercial real estate located?
    The property is located at 501 Hewett St Neillsville, WI.
    What is the asking price?
    The asking price for this property is $249,000.
    (800) 339-4444
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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
    501 Hewett St Neillsville, WI 54456
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