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Turnkey Mixed-Use Wellness Building
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156 N FRANKLIN ST, Mondovi, WI 54755

Renovated downtown mixed-use property with multiple private treatment rooms and an upper-level studio apartment currently leased.

Property Size2,377 SF
Price / SF$136.73
Days on Market51

Property Features for 156 N FRANKLIN ST

General Information

Standard status Active
Size 2,377 SF
Class B
Property subtype Retail, Office, Hospitality

Additional Details

Business Included Yes
Multifamily Units 1

Building Details

Year Built 1930
Year Renovated 2025
Buildings 1
Units 1
Listing Agency: Ultra Commercial Realty
Listed By: Amber Cernohous · License #60261 - 90
Source: Crexi
Added: Jul 6 Changed: Aug 16 Last Checked: Aug 24 at 4:58AM

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 Ultra Commercial Realty

Investment Insights

Based on property information with market context.

Renovated mixed-use property currently operating as a wellness and aesthetics studio. The main level includes multiple private treatment rooms, a welcoming reception area, and a private restroom, with a layout designed to support either owner-operator use of the full building or leasing individual rooms. Updates include contemporary finishes and an electrical system.

The property is located in downtown Mondovi at 156 N Franklin St, positioned across from a local gas station and next to NAPA Auto Parts.

An additional studio apartment on the upper level is currently leased for $700 per month, providing supplemental income alongside the commercial space.

Key Highlights

  • Renovated downtown Mondovi mixed‑use building (Year built: 1930) with main‑level commercial space and an upper‑level studio apartment.
  • Main level includes multiple private treatment rooms, a welcoming reception area, and a private restroom.
  • Flexible layout allows an owner‑operator to occupy the entire building or lease individual rooms to independent professionals.

Property Analytics

Current Use

Ambulance Service Ambulance Service Mondovi City Hall City Government Office Dr. Jeremy T. ... Dental Office Segerstrom Beth Dental Office

Suggested Use

Top Pick Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply Daycare Center Cafe & Coffee Shop

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

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54755, WI

7,342
Population
3,188
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
90%
High-School Grad
259.3 sq mi
ZIP Area
28
Density / Sq Mi
$66,750
Median Household Income
$42,188
Median Earnings
$843
Median Rent
$218,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Renovated downtown mixed-use property with multiple private treatment rooms and an upper-level studio apartment currently leased.
Where is this spa & wellness property located?
The property is located at 156 N FRANKLIN ST Mondovi, WI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Renovated downtown Mondovi mixed‑use building (Year built: 1930) with main‑level commercial space and an upper‑level studio apartment.; Main level includes multiple private treatment rooms, a welcoming reception area, and a private restroom.; Flexible layout allows an owner‑operator to occupy the entire building or lease individual rooms to independent professionals.
More about this property
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