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    303 Silver St Hurley, WI 54534

    For Sale
    $375,000

    Iconic Hurley building, 27,717 sq ft, endless potential.

    Property size:
    27,717 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial property, located at 303 Silver St in Hurley, Wisconsin, presents a unique investment opportunity. The 27,717 square foot building, situated on a 0.59-acre lot (APN 236-0243-0000), offers a diverse range of spaces suitable for various commercial ventures. Originally constructed in 1967 with approximately 7,500 square feet, a significant addition in 1987 expanded the space to include more retail area, a mezzanine level with offices and storage, a repair shop complete with a loading dock, and even a hair salon. The property's zoning is commercial, allowing for a wide array of potential uses. The asking price is $375,000, translating to $18 per square foot. This prime location on Silver Street has served the Hurley community for decades and offers a chance to own a piece of local history while capitalizing on its significant commercial potential. The building's substantial size and diverse layout provide ample space for creative redevelopment and adaptation to suit a variety of business needs. This is a rare opportunity to acquire a substantial commercial property in a desirable Wisconsin location. The corporate ownership structure ensures a streamlined transaction process.

    Property Features for 303 Silver St

    General Information

    Property type
    Motels
    Square Feet
    27,717 SF
    Lot Size
    25,700 SF

    Building Details

    Year Built
    1967

    HighLights

    • $375,000 asking price for a 27,717 square foot commercial property.
    • Located at 303 Silver St, Hurley, WI 54534, on a 0.59‑acre lot.
    • Property features a mix of retail, office, and industrial warehouse space, including a repair shop and loading dock.
    • Built in 1967 with a 1987 addition, zoned commercial.
    • APN: 236‑0243‑0000, owned by a corporation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Giovanoni True Value ... Hardware Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hurley
    County
    Iron
    State
    Wisconsin
    Longitude
    -90.1838145
    Latitude
    46.4495974

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    Nearby Similar for Sale

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    • New
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    FAQs

    What type of property is this?
    Motel - Iconic Hurley building, 27,717 sq ft, endless potential.
    Where is this motel located?
    The property is located at 303 Silver St Hurley, WI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price for a 27,717 square foot commercial property.; Located at 303 Silver St, Hurley, WI 54534, on a 0.59-acre lot.; Property features a mix of retail, office, and industrial warehouse space, including a repair shop and loading dock.
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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
    303 Silver St Hurley, WI 54534
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