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    108 Court St Richland Center, WI 53581

    For Sale
    $475,000

    Historic building, high visibility, multi-tenant.

    Property size:
    9,190 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 9,190-9,402 square foot retail and office space presents a unique investment opportunity in the heart of downtown Richland Center, Wisconsin. The property, situated on a 0.24-acre lot at 108 E Court St, 53581, boasts excellent visibility from a controlled intersection. Built in 1913, this two-story landmark structure offers multi-tenant occupancy, ideal for a variety of businesses. The building's prime location ensures high foot traffic and exposure, making it an attractive proposition for both established businesses and new ventures. The asking price is $475,000. The property's classification includes Office, Special Purpose, and Retail, making it versatile and adaptable to diverse needs. Its rich history and prominent position within the community offer a unique blend of character and commercial potential. This is a rare chance to acquire a significant piece of Richland Center's commercial landscape. The property's size and location make it a compelling investment for those seeking a strong return in a thriving downtown area.

    Property Features for 108 Court St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    9,190 SF
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1913
    Stories
    2

    HighLights

    • Retail and office space available.
    • Downtown Richland Center location.
    • High visibility.
    • Signalized intersection location.
    • Landmark building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    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
    Richland Center
    County
    Richland
    State
    Wisconsin
    Longitude
    -90.3850621
    Latitude
    43.335836

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    FAQs

    What type of property is this?
    Lifestyle center - Historic building, high visibility, multi-tenant.
    Where is this lifestyle center located?
    The property is located at 108 Court St Richland Center, WI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Retail and office space available.; Downtown Richland Center location.; High visibility.
    Request Owner's contact information
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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
    108 Court St Richland Center, WI 53581
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