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    237 Maple St Lancaster, WI 53813

    For Sale
    $425,000

    Prime Retail Space, 9,532 SF, $425K

    Property size:
    9,532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial property at 237 W Maple Street in Lancaster, Wisconsin, presents a unique investment opportunity. The single-story building, totaling 9,532 square feet, sits on a 0.65-acre lot and is zoned for commercial use. Currently configured as a bank, this versatile space offers significant potential for a variety of retail uses. The asking price is $425,000, translating to $44.59 per square foot. The property boasts ample surface parking with 30 spaces, a significant advantage in a high-traffic area. Its prime location in downtown Lancaster places it within a thriving retail trade area, conveniently near established businesses such as Piggly Wiggly. The property's three parcel numbers are 246-00064-0000, 246-00066-0000, and 246-00065-0000. This location is ideal for a local owner-user seeking a high-visibility space with excellent parking. The property's size and location make it an attractive option for businesses seeking to establish or expand their presence in the heart of Lancaster. The building's solid construction and ample parking make it a truly desirable commercial property. This is a rare opportunity to acquire a well-situated, substantial retail space in a vibrant Wisconsin community.

    Property Features for 237 Maple St

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,532 SF
    Lot Size
    28,314 SF

    Building Details

    Stories
    1

    HighLights

    • 9,532 SF single‑story commercial building on a 0.65‑acre lot in downtown Lancaster, WI.
    • Located in a thriving retail trade area near Piggly Wiggly.
    • Ample surface parking with 30 spaces.
    • Ideal for owner‑users seeking high‑visibility space with excellent parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BMO Harris Bank Bank ATM Atm Bank of the West Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Grant
    State
    Wisconsin
    Longitude
    -90.7117878
    Latitude
    42.8482564

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, 9,532 SF, $425K
    Where is this individual retail property located?
    The property is located at 237 Maple St Lancaster, WI.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 9,532 SF single-story commercial building on a 0.65-acre lot in downtown Lancaster, WI.; Located in a thriving retail trade area near Piggly Wiggly.; Ample surface parking with 30 spaces.
    Request Owner's contact information
    237 Maple St Lancaster, WI 53813
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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
    237 Maple St Lancaster, WI 53813
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