Mixed-Use Building With
For Sale
$165,000
108 Amelia Street, Cassville, WI 53806
Business/Comm, Cassville, WI
Property Size1,840 SF
Lot Size0.16 Acres
Price / SF$89.67
Days on Market13
Property Features for 108 Amelia Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
comm/res
Interior features
Alley, Public rest rooms, Residential unit(s), Display window, Private office(s)
Lot features
Business district, High Traffic Location, High Visibility, Near Major Highway, Shopping center
Directions
west on hwy 81, left on amelia st, first business on right.
Subdivision
CASSVILLE - V
Standard status
Active
APN
111-00004-0000
Size
1,840 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1438
Building Details
Year built
1900
Number of units
1
Roof type
Membrane
Listing Agency:
Wisconsin.Properties Realty, LLC
(608) 512-0104
Listed By:
Laura Wamsley · License #9376994
(608) 723-9894
Added: Aug 20
Changed: Aug 31
Last Checked: Sep 1 at 4:06AM
MLS# 2030898
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1900, this 1,840-square-foot mixed-use property combines commercial space with a separate residential component. The building includes display windows, public restrooms, private offices, and an upstairs one-bedroom apartment that has been completely updated. A membrane roof and spacious side yard add to the property’s functional layout.
Situated in downtown Cassville, the property has river views and is near dining, parks, community amenities, and the river. The combination of commercial and residential space supports live-work use, an owner-occupant arrangement, rental income, or additional workspace, subject to applicable requirements. Zoning is identified as comm/res, and alley access is available.
Situated in downtown Cassville, the property has river views and is near dining, parks, community amenities, and the river. The combination of commercial and residential space supports live-work use, an owner-occupant arrangement, rental income, or additional workspace, subject to applicable requirements. Zoning is identified as comm/res, and alley access is available.
Key Highlights
- 1,840 SF mixed‑use building at 108 Amelia Street, Cassville, WI 53806
- Updated upstairs 1‑bedroom apartment
- Commercial/residential zoning identified as comm/res
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,696
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$253,920
$253.9K
Cap Rate 7%
$181,371
$181.4K
Cap Rate 9%
$141,067
$141.1K
Market Conditions
NOI Build-Up for 1,840 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.1K $12.00/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$20.3K $11.04/SF
− OpEx
−$7.6K −$4.14/SF
NOI
$12.7K $6.90/SF
Area
Grant County, WI
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$253,920
Cap Rate 7%
$181,371
Cap Rate 9%
$141,067
Alternative Uses
Best Use
Office B
$364.7K
$319.1K – $425.5K
NOI $25,529 @ 7.0% cap · market cap 15.47%
Second Best
Retail
$339.8K
$297.3K – $396.4K
NOI $23,786 @ 7.0% cap · market cap 14.42%
Theoretical Best
Office A
$509.4K
$445.7K – $594.3K
NOI $35,657 @ 7.0% cap · market cap 21.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 53806, WI
1,577
Population
958
Households
1.6
Avg Household Size
51
Median Age
13%
College-Educated
93%
High-School Grad
69.5 sq mi
ZIP Area
23
Density / Sq Mi
$60,489
Median Household Income
$35,388
Median Earnings
$668
Median Rent
$145,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial/residential zoning combines storefront space with an updated upstairs apartment and private offices.
Where is this mixed-use property located?
The property is located at 108 Amelia Street Cassville, WI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,840 SF mixed‑use building at 108 Amelia Street, Cassville, WI 53806; Updated upstairs 1‑bedroom apartment; Commercial/residential zoning identified as comm/res
