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Mixed-Use Property with Office Suites
New
For Sale
$199,900

307 Smith St, New London, WI 54961

Front office areas and a rear apartment layout offer multiple ways to configure the property.

Property Size2,382 SF
Price / SF$83.92
Days on Market2

Property Features for 307 Smith St

General Information

Standard status Active
Size 2,382 SF

Additional Details

Office Units 2

Building Details

Year Built 1947
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Jeffrey L. Handschke · License #9481717
Source: Moving2greenbay
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 7:18PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This mixed-use property at 307 Smith St in New London, Wisconsin, was built in 1947 and combines two office areas at the front with a residential apartment arrangement toward the rear. The back portion may accommodate up to four bedrooms, providing a distinct residential component within the existing layout.

The property can remain configured with office and residential areas or be adapted toward an all-office or all-residential plan, subject to applicable requirements. Recent improvements include a roof and windows updated in response to inspection and contractor recommendations, along with a new HVAC system completed in April 2026.

Key Highlights

  • Two separate office areas occupy the front portion of the property
  • Rear layout may accommodate up to a 4 bedroom residential apartment
  • Existing configuration can remain mixed‑use or be adapted for office or residential use

Property Analytics

Current Use

Linn Robie Physician Halada Allison Physician New Rehab Co Physician Karen's Tax Service ... Tax Preparation

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Building Supply Electrical Service Skin Care Clinic

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

2
Office units

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 54961, WI

14,122
Population
6,249
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
91%
High-School Grad
124.1 sq mi
ZIP Area
114
Density / Sq Mi
$71,337
Median Household Income
$43,960
Median Earnings
$841
Median Rent
$196,600
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Front office areas and a rear apartment layout offer multiple ways to configure the property.
Where is this mixed-use property located?
The property is located at 307 Smith St New London, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two separate office areas occupy the front portion of the property; Rear layout may accommodate up to a 4 bedroom residential apartment; Existing configuration can remain mixed‑use or be adapted for office or residential use
More about this property
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