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Storefront Building with Patio

138 W Madison Ave, Grantsburg, WI 54840

For Sale
$150,000

Two-level commercial building with an outdoor patio, basement access, and interior improvements underway.

Property Size3,112 SF
Price / SF$48.20
Days on Market49

Property Features for 138 W Madison Ave

General Information

Standard status Active
Size 3,112 SF

Property Condition

Severity Repairs Needed
Evidence remodel work has been started

Additional Details

Corner Location Yes

Amenities

full basement
oversized patio

Building Details

Year Built 1700
Buildings 1
Listing Agency: Edina Realty, Inc.
Listed By: Leonard J Chute
Source: Searchhousesnow
Added: Sep 22 Changed: Oct 26 Last Checked: Oct 7 at 5:36PM

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 Edina Realty, Inc.

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Investment Insights

Based on property information with market context.

This storefront property provides 3,112 square feet of commercial space along with a full basement that can be reached from both inside and outside. The building includes an oversized patio for customer use or employee breaks. Interior remodeling has begun, allowing the next owner to continue the work and shape the space around its operating requirements. The property previously housed a credit union.

Located at 138 W Madison Ave in downtown Grantsburg, the building occupies a corner position across from the Brewery. Its storefront format, basement access, patio, and partially completed remodel create a flexible starting point for a range of commercial operations.

Key Highlights

  • 3,112 square feet of commercial building space
  • Full basement with interior and exterior access
  • Oversized patio for customer or employee use

Property Analytics

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

Current Use

Indianhead Credit Union Credit Union

Suggested Use

Top Pick Plumbing Service Bakery Hair Salon (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,960 visits/mo 0.4 miles
Dollar Tree Shops & Services
3,982 visits/mo 0.5 miles
BP Shops & Services
2,332 visits/mo 0.3 miles

Demographics for 54840, WI

4,702
Population
2,770
Households
1.7
Avg Household Size
48
Median Age
20%
College-Educated
92%
High-School Grad
255.2 sq mi
ZIP Area
18
Density / Sq Mi
$63,988
Median Household Income
$38,865
Median Earnings
$833
Median Rent
$180,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Two-level commercial building with an outdoor patio, basement access, and interior improvements underway.
Where is this storefront property located?
The property is located at 138 W Madison Ave Grantsburg, WI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 3,112 square feet of commercial building space; Full basement with interior and exterior access; Oversized patio for customer or employee use
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