Multi-Room Mixed-Use
New
For Sale
$324,500
728 ELM ST, Woodruff, WI 54568
CommercialSale, Woodruff, WI
Property Size2,080 SF
Lot Size0.20 Acres
Price / SF$156.01
Days on Market2
Property Features for 728 ELM ST
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Driveway, Special Needs, Paved or Surfaced
Interior features
Storage
Exterior features
HandicapAccessible
Accessibility
Accessible Approach with Ramp
Lot features
Dead End
Directions
Hwy 51 Woodruff
Standard status
Active
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Doc 613523/602477 HELEN BRODOCK'S REPLAT OF BLKS B & E VLG OF WOODRUFF LOT 2 & PT LOT 1 EXC TPP #1170-19-21-4.07 PCL 53 (WR 2689) SM C2096 SEE ZONING RSTR DOC 604994 SEE DOC 613523, 602477 & 585702 FOR OWNERSHIP/DESC
Tax Annual Amount
2846
Legal Description
Doc 613523/602477 HELEN BRODOCK'S REPLAT OF BLKS B & E VLG OF WOODRUFF LOT 2 & PT LOT 1 EXC TPP #1170-19-21-4.07 PCL 53 (WR 2689) SM C2096 SEE ZONING RSTR DOC 604994 SEE DOC 613523, 602477 & 585702 FOR OWNERSHIP/DESC
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Wood, Vinyl, Carpet
Building materials
Frame, VinylSiding
Roof type
Composition, Shingle
Additional Structures
Storage
Listing Agency:
RE/MAX PROPERTY PROS - MINOCQUA · RE/MAX International
(715) 356-3207
Listed By:
SUSAN VEHRS · License #52731 - 94
(715) 892-0993
Added: Oct 13
Last Checked: Oct 14 at 5:06AM
MLS# 220026
Copyright © 2026 Greater Northwoods MLS. 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 mixed-use building contains approximately 2,080 square feet of rental, living, and showroom space across multiple rooms. Current work includes flooring, insulation in needed areas, paint, and a shower addition in one bathroom. Interior features include storage, and the property has an accessible approach with a ramp. Forced-air natural gas heat and central air serve the building; public water and sewer are available.
The 0.197-acre property is on ELM ST in Woodruff, with visibility from Hwy 51 and a central-in-town location. Paved driveway parking is provided.
The 0.197-acre property is on ELM ST in Woodruff, with visibility from Hwy 51 and a central-in-town location. Paved driveway parking is provided.
Key Highlights
- Approximately 2,080 square feet of rental, living, and showroom space
- 0.197‑acre parcel in Woodruff
- Visibility from Hwy 51
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,332
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,640
$306.6K
Cap Rate 7%
$219,029
$219.0K
Cap Rate 9%
$170,356
$170.4K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$27.0K $12.96/SF
− Vacancy
−$2.4K −$1.17/SF
EGI
$24.5K $11.79/SF
− OpEx
−$9.2K −$4.42/SF
NOI
$15.3K $7.37/SF
Area
Oneida County, WI
Vacancy
9.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,640
Cap Rate 7%
$219,029
Cap Rate 9%
$170,356
Alternative Uses
Best Use
Mixed Use
$219.0K
$191.7K – $255.5K
NOI $15,332 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$973.5K
$851.9K – $1.14M
NOI $68,148 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 54568, WI
5,175
Population
3,855
Households
1.3
Avg Household Size
55
Median Age
36%
College-Educated
96%
High-School Grad
71.2 sq mi
ZIP Area
73
Density / Sq Mi
$71,944
Median Household Income
$45,337
Median Earnings
$791
Median Rent
$262,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The building offers rental, residential, and showroom space, with interior improvements underway.
Where is this mixed-use property located?
The property is located at 728 ELM ST Woodruff, WI.
What is the asking price?
The asking price for this property is $324,500.
What are key features of this property?
This property features: Approximately 2,080 square feet of rental, living, and showroom space; 0.197‑acre parcel in Woodruff; Visibility from Hwy 51
