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    1265 Main St Stevens Point, WI 54481

    For Sale
    $4,400,000

    Prime Downtown Office Building, High Occupancy

    Property size:
    36,870 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional three-story, Class B office building, known as Executive Place, is situated at 1265 Main St, Stevens Point, WI 54481. Boasting 36,870 square feet of net rentable space, this multi-tenant property offers a compelling investment opportunity. Built in 2007, the building sits on a 0.61-acre lot and currently enjoys approximately 70% occupancy. The asking price is $4,400,000, translating to $119.34 per square foot. Executive Place features high-end office suites, attracting quality tenants. Amenities include large, ADA-compliant common restrooms on each floor. The property is zoned for commercial use and is locally owned and managed, ensuring consistent upkeep and tenant satisfaction. Its prime downtown location and strong occupancy rate make it an attractive addition to any investment portfolio. The property's APN is 281-24-0832202718. This is a NNN lease type property. The building is well-maintained and presents a strong professional image. This is a rare opportunity to acquire a substantial, high-quality office building in a thriving downtown location.

    Property Features for 1265 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    36,870 SF
    Class
    B
    Lot Size
    26,572 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    3

    HighLights

    • Three‑story downtown office building.
    • Approximately 70% occupancy with quality tenants.
    • Well‑maintained property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Physicians Mutual Insurance Agency Remedy Intelligent Staffing Employment Agency Encore Unlimited, LLC Corporate Campus Dawn M. Rottier, ... Chiropractor Peterson Family Chiropractic Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Stevens Point
    County
    Portage
    State
    Wisconsin
    Longitude
    -89.580444012082
    Latitude
    44.523161295651

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Office Building, High Occupancy
    Where is this office property / space located?
    The property is located at 1265 Main St Stevens Point, WI.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: Three-story downtown office building.; Approximately 70% occupancy with quality tenants.; Well-maintained property.
    (715) 498-9197
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    1265 Main St Stevens Point, WI 54481
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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
    1265 Main St Stevens Point, WI 54481
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