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Stone Flex Space with Garage
For Sale
$239,900

130 W North Street, New Auburn, WI 54757

CommercialSale, New Auburn, WI

Property Size2,400 SF
Lot Size1.35 Acres
Price / SF$99.96
Days on Market95

Property Features for 130 W North Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial, Recreational, Residential
Elementary school district New Auburn
Middle school district New Auburn
High school district New Auburn
Directions From Hwy 53 North, take the New Auburn exit. Turn Right/East toward New Auburn and continue into town. Turn Left/North on County Hwy SS/Old Hwy 53, the property will be on the corner of W North Street and Hwy SS/Old Hwy 53.
Standard status Active
APN 022-36-0021-000
Size 2,400 SF
Lot size 1.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lengthy
Tax Annual Amount 1132
Legal Description Lengthy

Utilities

Sewer type Public Sewer
Heating system Radiant, Radiant Floor
Water source Public

Building Details

Year built 1900
Building materials Stone
Listing Agency: Keller Williams Realty Diversified
Listed By: Joshua Amys · License #85884-94
Added: Jul 28 Changed: Oct 20 Last Checked: Oct 30 at 12:06AM
MLS# 1603694

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This stone-built flex property provides approximately 2,400 square feet of main-level space beneath 12-foot ceilings. The open interior currently separates business functions from living quarters, while the arched/web truss design and adaptable interior walls support reconfiguration for warehouse, shop, studio, showroom, office, or mixed-use purposes. Buyer to verify intended use.

A detached 34-by-30-foot garage adds concrete-floored storage, parking, or workspace. The 1.35-acre corner parcel includes public water and sewer service. Improvements include a metal roof, updated windows, electric in-floor radiant heat, and other exterior and mechanical work. Built in 1900, the property combines stone construction with a flexible commercial configuration.

Key Highlights

  • Approximately 2,400 square feet of main‑level space with 12‑foot ceilings
  • 1.35‑acre corner lot with public water and public sewer
  • 34‑by‑30‑foot detached garage with concrete floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,809
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,180 $436.2K
Cap Rate 7%
$311,557 $311.6K
Cap Rate 9%
$242,322 $242.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$36.0K $15.00/SF
− Vacancy
−$2.4K −$1.02/SF
EGI
$33.6K $13.98/SF
− OpEx
−$11.7K −$4.89/SF
NOI
$21.8K $9.09/SF
Area
Chippewa County, WI
Vacancy
6.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,180
Cap Rate 7%
$311,557
Cap Rate 9%
$242,322

Alternative Uses

Best Use
Industrial
$1.10M
$960.1K – $1.28M (±1% cap)
NOI $76,809 @ 7.0% cap · market cap 32.02%
Second Best
Mixed Use
$347.1K
$303.8K – $405.0K (±1% cap)
NOI $24,300 @ 7.0% cap · market cap 10.13%
Theoretical Best
Warehouse
$1.33M
$1.17M – $1.55M (±1% cap)
NOI $93,268 @ 7.0% cap · market cap 38.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54757, WI

3,523
Population
2,207
Households
1.6
Avg Household Size
45
Median Age
22%
College-Educated
92%
High-School Grad
155.5 sq mi
ZIP Area
23
Density / Sq Mi
$66,500
Median Household Income
$39,693
Median Earnings
$898
Median Rent
$216,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flexible main-level commercial layout on a corner lot with public water and sewer service.
Where is this flex space located?
The property is located at 130 W North Street New Auburn, WI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Approximately 2,400 square feet of main‑level space with 12‑foot ceilings; 1.35‑acre corner lot with public water and public sewer; 34‑by‑30‑foot detached garage with concrete floor
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