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Auto Shop with Lift
For Sale
$374,900

1417 Martin Road, Bloomer, WI 54724

CommercialSale, Bloomer, WI

Property Size2,400 SF
Lot Size0.31 Acres
Price / SF$156.21
Days on Market50

Property Features for 1417 Martin Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Exterior features Lighting
Elementary school district Bloomer
Middle school district Bloomer
High school district Bloomer
Directions Get on US-53 N in Altoona from WI-93 Trunk N. Follow US-53 N to WI-40 N in Bloomer. Take exit 110 from US-53N. Follow WI-40 N and 15th Ave to Martin Rd
Standard status Active
APN 23009-0922-61410210
Size 2,400 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 09, T 30 N, R 09 W, KITCH'S ADDITION LOTS 10 & 11 THE S 1/2 BLK 2
Tax Annual Amount 1433
Legal Description SEC 09, T 30 N, R 09 W, KITCH'S ADDITION LOTS 10 & 11 THE S 1/2 BLK 2

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air, Window Unit(s)
Water source Public

Amenities

light pole
blacktop parking lot
brand-new furnace

Building Details

Year built 1980
Building materials AluminumSiding, Steel
Listing Agency: Elite Realty Group, LLC
Listed By: Mary Rufledt · License #55432-90
Added: Aug 17 Changed: Oct 1 Last Checked: Oct 5 at 10:06PM
MLS# 1604230

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.

Investment Insights

Based on property information with market context.

This 2,400-square-foot auto shop was built in 1980 and occupies a 0.31-acre commercial property. The building includes an auto lift, C-air compressor, camera and security system, light pole, and a blacktop parking area. The parking was paved in 2010 and recently sealed. A furnace installed in 2023 provides forced-air heat, while cooling includes central air and window units.

Located at 1417 Martin Road in Bloomer, Wisconsin, the property has public water and public sewer. Aluminum siding and steel are used in the construction, and the building includes a basement. The existing configuration and service equipment support automotive operations, including mechanic or small engine repair uses identified in the property information.

Key Highlights

  • 2,400 SF auto shop on 0.31 acres
  • Auto lift and C‑air compressor included
  • Blacktop parking paved in 2010 and recently sealed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,545
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,900 $490.9K
Cap Rate 7%
$350,643 $350.6K
Cap Rate 9%
$272,722 $272.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$36.0K $15.00/SF
− Vacancy
−$936 −$0.39/SF
EGI
$35.1K $14.61/SF
− OpEx
−$10.5K −$4.38/SF
NOI
$24.5K $10.23/SF
Area
Chippewa County, WI
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,900
Cap Rate 7%
$350,643
Cap Rate 9%
$272,722

Alternative Uses

Best Use
Industrial
$1.10M
$960.1K – $1.28M (±1% cap)
NOI $76,809 @ 7.0% cap · market cap 20.49%
Second Best
Retail
$350.6K
$306.8K – $409.1K (±1% cap)
NOI $24,545 @ 7.0% cap · market cap 6.55%
Theoretical Best
Warehouse
$1.33M
$1.17M – $1.55M (±1% cap)
NOI $93,268 @ 7.0% cap · market cap 24.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Millers Auto Sales Car Dealership

Suggested Use

Top Pick Law Firm Electrical Service Hair Salon Cafe & Coffee Shop Barber Shop (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Home Improvements & Furnishings 24%
Dollar Tree Shops & Services
4,940 visits/mo 0.4 miles
Shadick's Ace Hardware Home Improvements & Furnishings
2,575 visits/mo 0.4 miles
Associated Bank Shops & Services
1,353 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
1,120 visits/mo 0.5 miles
Carquest Auto Parts Shops & Services
770 visits/mo 0.4 miles

Demographics for 54724, WI

7,525
Population
3,129
Households
2.4
Avg Household Size
43
Median Age
25%
College-Educated
95%
High-School Grad
162.2 sq mi
ZIP Area
46
Density / Sq Mi
$71,121
Median Household Income
$41,017
Median Earnings
$787
Median Rent
$231,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Pederson Automotive LLC — 1730 Martin Rd, Bloomer, WI 54724
  • Shadick's Sporting Goods and Hardware Ace Hardware — 1502 16th ave, bloomer, wi 54724
  • Kelly's Car Care — 1020 15th Ave, Bloomer, WI 54724
  • Bloomer Tire Center — 1407 Oak St, Bloomer, WI 54724
  • Captain Hook Towing, L.L.C.

Frequently Asked Questions

What type of property is this?
Auto shop - Functional commercial building with service equipment, paved parking, and updated heating.
Where is this auto shop located?
The property is located at 1417 Martin Road Bloomer, WI.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 2,400 SF auto shop on 0.31 acres; Auto lift and C‑air compressor included; Blacktop parking paved in 2010 and recently sealed
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