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    15688 Davis Ave Hayward, WI 54843

    For Sale
    $170,000

    1,924 SF Creative Office, $170,000

    Property size:
    1,924 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This single-tenant commercial property in Hayward, Wisconsin, presents a unique investment opportunity. Located at 15688 Davis Ave, this one-story building sits on a 0.34-acre lot and offers 1,924 square feet of flexible space, ideal for a variety of businesses. Originally configured as a four-bedroom, one-bathroom residence with a separate 22' x 19' office area including a half-bath, the building offers a blend of residential and commercial features. The interior features mostly laminate and carpeted flooring, and the living room boasts a wood-burning fireplace. A significant asset is the detached 32' x 28' garage, providing ample storage or workshop space. The property is zoned commercial, allowing for diverse uses. While a conditional use permit (CUP) could allow residential use, it's important to note that financing with a CUP may be restricted. Recent improvements include new windows and electrical upgrades, justifying the current asking price of $170,000 ($88.36/sq ft). The property's location at the corner of Davis and Railroad Street offers excellent visibility and accessibility. This versatile property is ready for its next chapter. The property consists of one unit within a two-building complex. The Sawyer County location and commercial zoning make this a compelling opportunity for entrepreneurs and investors alike.

    Property Features for 15688 Davis Ave

    General Information

    Property type
    Office space
    Square Feet
    1,924 SF
    Lot Size
    14,810 SF

    Building Details

    Buildings
    2
    Stories
    1
    Units
    1

    HighLights

    • 1,924 SF single‑tenant commercial building on a 0.34‑acre lot in Hayward, WI.
    • Located at 15688 Davis Ave, corner of Davis and Railroad Street, offering high visibility.
    • Features a 32' x 28' detached garage and recently updated windows and electrical.
    • Zoned commercial, with potential for residential use (CUP required, financing may be restricted).
    • Asking price: $170,000 ($88.36/SF).
    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 Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Sawyer
    State
    Wisconsin
    Longitude
    -91.4773448
    Latitude
    46.015985

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    FAQs

    What type of property is this?
    Office space - 1,924 SF Creative Office, $170,000
    Where is this office space located?
    The property is located at 15688 Davis Ave Hayward, WI.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: 1,924 SF single-tenant commercial building on a 0.34-acre lot in Hayward, WI.; Located at 15688 Davis Ave, corner of Davis and Railroad Street, offering high visibility.; Features a 32' x 28' detached garage and recently updated windows and electrical.
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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
    15688 Davis Ave Hayward, WI 54843
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