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    1958 140Th St New Richmond, WI 54017

    Sponsored
    For Sale
    $149,900

    60 Units, 1,125 sq ft, $149,900

    Property size:
    1,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity features sixty brand-new, 1,125-square-foot garage condos in New Richmond, Wisconsin. Each unit boasts 16-foot ceilings, a 14 x 14 powered overhead door, and steel-sided construction with insulated walls and ceilings. Located at 1958 140th St, 54017, these commercial-zoned properties offer secure storage solutions for boats, RVs, and classic cars, or can be transformed into versatile workshops or hobby spaces. The property includes a secured fence with keyless entry power gate, individual unit heating and ceiling fans, four high-bay LED lights, WiFi, and surveillance cameras. Pre-roughed plumbing, in-floor heating options, and an electrical panel with ample outlets allow for customization. Essential maintenance is handled by the HOA. Upgrades such as EV chargers, 30 AMP RV power, epoxy flooring, and mezzanine levels are available. Built in 2024, these units represent a unique blend of storage and workspace potential, ideal for owner-users. The asking price is $149,900 per unit. The property is situated in St. Croix County and has a permitted commercial zoning. The APN is TBD.

    Property Features for 1958 140Th St

    General Information

    Property type
    Self storage facilities
    Square Feet
    1,125 SF

    Building Details

    Year Built/Renovated
    2024/2024
    Stories
    1

    HighLights

    • Sixty brand‑new, 1,125 sq ft garage condos in New Richmond, WI.
    • Each unit features 16‑foot ceilings, a 14x14 powered overhead door, and steel‑sided construction with insulated walls and ceilings.
    • Commercial zoning allows for versatile use as storage, workshops, or hobby spaces.
    • Secure gated entry, individual unit heating/cooling, LED lighting, WiFi, and surveillance cameras are included.
    • Pre‑wired for customization, with options for EV chargers, RV power, epoxy flooring, and mezzanines.
    • HOA handles essential maintenance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Hair Salon Pharmacy Auto Repair Shop Department Store Auto Parts Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    New Richmond
    County
    St. Croix
    State
    Wisconsin
    Longitude
    -92.5291667
    Latitude
    45.1456815

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    Nearby Similar for Sale

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      Functional commercial property with warehouse and showroom space, ample parking.
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      Garage Condo for Storage or Hobbies

      Spacious garage condo ideal for storage, workshops, and hobbies.
      1960 140Th St, New Richmond, WI 54017
      View Details
    • $325,000
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      Mixed-Use Building Near Downtown

      Two-story mixed-use property near downtown New Richmond, Wisconsin.
      227 S Arch Ave, New Richmond, WI 54017
      View Details
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      New Richmond Single-Level Home

      Single-level home on landscaped corner lot near downtown New Richmond.
      444 N 5Th St, New Richmond, WI 54017
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    FAQs

    What type of property is this?
    Self storage facility - 60 Units, 1,125 sq ft, $149,900
    Where is this self storage facility located?
    The property is located at 1958 140Th St New Richmond, WI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Sixty brand-new, 1,125 sq ft garage condos in New Richmond, WI.; Each unit features 16-foot ceilings, a 14x14 powered overhead door, and steel-sided construction with insulated walls and ceilings.; Commercial zoning allows for versatile use as storage, workshops, or hobby spaces.
    Request Owner's contact information
    1958 140Th St New Richmond, WI 54017
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    New Richmond, WI 54017
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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
    1958 140Th St New Richmond, WI 54017
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