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Mixed-Use Building with Retail Suites
New
For Sale
$1,395,000

956-964 Main Street, Stevens Point, WI 54481

Three Main Street commercial spaces sit below five updated residential apartments with shared laundry.

Property Size1,500 SF
Price / SF$930
Days on Market3

Property Features for 956-964 Main Street

General Information

Standard status Active
Size 1,500 SF
Property subtype Multi-Family

Financials

Cap Rate 10%
Gross Income $164,347

Additional Details

Multifamily Units 5
Tenant in Place Yes

Amenities

shared laundry room

Building Details

Year Built 1890
Listing Agency: Kpr Brokers, LLC
Listed By: Kelly Weiler
Source: Familytreerealtyllc
Added: Nov 1 Last Checked: Nov 1 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kpr Brokers, LLC

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Investment Insights

Based on property information with market context.

Built in 1890, this mixed-use building combines three commercial suites on the Main Street level with five apartments above. The residential units each have between four and six bedrooms and were updated in recent years with refreshed finishes and appliances. Residents share a laundry room, and the commercial spaces have basement access for storage and other use.

The property is at 956-964 Main Street in downtown Stevens Point, Wisconsin. Reported investment metrics include a 1.4 DSCR and a 10.0 cap rate.

Key Highlights

  • Three ground‑floor commercial suites along Main Street
  • Five second‑floor residential units, each with four to six bedrooms
  • Apartments updated in recent years with new finishes and appliances

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Kitchen & Bath Showroom Pharmacy Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby

Demographics for 54481, WI

28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three Main Street commercial spaces sit below five updated residential apartments with shared laundry.
Where is this mixed-use property located?
The property is located at 956-964 Main Street Stevens Point, WI.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Three ground‑floor commercial suites along Main Street; Five second‑floor residential units, each with four to six bedrooms; Apartments updated in recent years with new finishes and appliances
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