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    693 Main St Mondovi, WI 54755

    For Sale
    $170,000

    Prime Mondovi location, high traffic, owner-user.

    Property size:
    1,220 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 693 E Main St, Mondovi, WI 54755, presents a unique investment opportunity. Situated on heavily trafficked Highway 10, directly across from Kwik Trip and near Mayo Clinic, this property boasts an average annual daily traffic count of 7200 vehicles (per WDOT). The 1,220 square foot building, part of a two-building complex on a 0.23-acre lot, is currently 100% occupied by the owner, who is willing to vacate upon sale. The property features a charming blend of historic character and modern updates, including original one-inch wood flooring (refinished in 2024 in most areas), new lighting, and updated electrical systems. Built in 1900, this two-story building offers versatile space suitable for a variety of commercial uses, including storefront retail, creative office space, or a restaurant. The property is being sold "as is," and potential buyers are encouraged to conduct their own due diligence to verify zoning regulations. This is a rare chance to acquire a well-located, established commercial property in a thriving community. The property is classified as Class C, with a single tenancy.

    Property Features for 693 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    1,220 SF
    Class
    C
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1900
    Buildings
    2
    Stories
    2
    Units
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mondovi
    County
    Buffalo
    State
    Wisconsin
    Longitude
    -91.6612043
    Latitude
    44.568071

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    FAQs

    What type of property is this?
    Restaurant - Prime Mondovi location, high traffic, owner-user.
    Where is this restaurant located?
    The property is located at 693 Main St Mondovi, WI.
    What is the asking price?
    The asking price for this property is $170,000.
    Request Owner's contact information
    693 Main St Mondovi, WI 54755
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    693 Main St Mondovi, WI 54755
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