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Chetek Commercial Building For Sale

202 Kleve Street Chetek, WI 54728

202 Kleve Street, Chetek, WI, 54728

$299,900

For Sale

$299,900

1,641 SF building suitable for medical or office use.

Property Size1,641 SF

Lot Size1.88 Acres

Price / SF$182.75

AddedJan 24, 2025

Days on Market538

Last RefreshJul 15 at 8:51 pm

Property Features for 202 Kleve Street

General Information

Standard status: Active
Size: 1,641 SF
Lot size: 1.88 Acres
Property subtype: Commercial/Industrial

Listing office Feather Real Estate Group~Rice Lake

Listing date Jan 24, 2025

Source Exitrealty

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 Feather Real Estate Group~Rice Lake

Investment Insights

Based on property information with market context.

This 1,641 SF commercial building is located in Chetek and is suitable for a variety of uses from medical to office. The building features a large reception area, a bathroom, three offices, and utility and storage spaces. The property is situated on a 1.88-acre commercial site, which offers room for storage buildings or apartments. The building is currently vacant and move-in ready.

Key Highlights

1.88 acre commercial site offers room for expansion.
Move‑in ready and currently vacant.
Versatile 1,641 SF building suitable for medical or office use.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$28.9k	$17.64
− Vacancy	−$6.4k	−$3.88
EGI	$22.6k	$13.76
− OpEx	−$5.6k	−$3.44
NOI	$16.9k	$10.32

1,641 SF · lease $17.64/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$241.9K

$211.7K – $282.2K (±1% cap)

NOI $16,934 @ 7.0% cap · market cap 5.65%

Second Best

Healthcare Medical

$232.9K

$203.8K – $271.8K (±1% cap)

NOI $16,305 @ 7.0% cap · market cap 5.44%

Theoretical Best

Warehouse

$1.32M

$1.15M – $1.54M (±1% cap)

NOI $92,295 @ 7.0% cap · market cap 30.78%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Chetek Veterinary Clinic Veterinary Clinic

Suggested Use

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Similar Off Market Nearby

Chetek Veterinary Clinic — 202 Kleve St, Chetek, WI 54728

For sale
Medical Office Space
WI
Chetek
54728
202 Kleve Street

What type of property is this?

Medical Office Space - 1,641 SF building suitable for medical or office use.

Where is this medical office space located?

The property is located at 202 Kleve Street Chetek, WI.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: 1.88 acre commercial site offers room for expansion.; Move‑in ready and currently vacant.; Versatile 1,641 SF building suitable for medical or office use.