Three-Office Downtown
1055 Main Street #Suite 201, Stevens Point, WI 54481
For Sale
New
Contact for pricing
A kitchenette and break area complement the suite’s office layout.
Property Size2,200 SF
Price / SF$0.64
Days on Market2
Property Features for 1055 Main Street #Suite 201
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Re/Max Central
(715) 544-4881
Listed By:
Jim Buck · License WI #4947590
(715) 340-1951
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 5:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Central
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Investment Insights
Based on property information with market context.
Suite 201 provides 2,200 square feet arranged with three private offices and a kitchenette with room for breaks. The interior has been brought back toward its original appearance, consistent with the building’s 1905 date. Commercial zoning applies to the property.
The office is in downtown Stevens Point, directly across Main Street from Lee Ayers Jewelers. Its defined office layout and dedicated kitchenette and break area are among the suite’s existing features.
The office is in downtown Stevens Point, directly across Main Street from Lee Ayers Jewelers. Its defined office layout and dedicated kitchenette and break area are among the suite’s existing features.
Key Highlights
- 2,200‑square‑foot office suite identified as Suite 201
- Three offices with a kitchenette and break area
- Downtown Stevens Point location across from Lee Ayers Jewelers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,541
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,820
$410.8K
Cap Rate 7%
$293,443
$293.4K
Cap Rate 9%
$228,233
$228.2K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$35.1K $15.96/SF
− Vacancy
−$7.7K −$3.51/SF
EGI
$27.4K $12.45/SF
− OpEx
−$6.8K −$3.11/SF
NOI
$20.5K $9.34/SF
Area
Portage County, WI
Vacancy
22.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,820
Cap Rate 7%
$293,443
Cap Rate 9%
$228,233
Alternative Uses
Best Use
Office B
$293.4K
$256.8K – $342.4K
NOI $20,541 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$428.1K
$374.6K – $499.5K
NOI $29,970 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
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Business Placement
Demographics for 54481, WI
28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A kitchenette and break area complement the suite’s office layout.
Where is this office unit located?
The property is located at 1055 Main Street #Suite 201 Stevens Point, WI.
What are key features of this property?
This property features: 2,200‑square‑foot office suite identified as Suite 201; Three offices with a kitchenette and break area; Downtown Stevens Point location across from Lee Ayers Jewelers
