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Multi-Unit Retail Building
For Sale
$275,000

97 Main Street W, Milltown, WI 54858

Retail building in Milltown with one long-term renter, multiple ready-to-rent units, and additional unfinished space.

Property Size6,480 SF
Price / SF$42.44
Days on Market187

Property Features for 97 Main Street W

General Information

Standard status Active
Size 6,480 SF
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $3,296

Building Details

Building Size 6,480 SF
Year Built 1987
Stories 1
Units 4
Listing Agency: Art Anderson Realty
Listed By: Tanjia Gehrman
Source: Juverealestate
Added: Feb 18 Changed: Aug 23 Last Checked: Aug 23 at 5:59AM

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 Art Anderson Realty

Investment Insights

Based on property information with market context.

This expansive retail building offers a total of 6,480 square feet in the Village of Milltown. The property includes one established long-term renter and multiple ready-to-rent units, providing a streamlined path to immediate rental income. In addition to the occupied and ready units, there are unfinished areas that can be customized for future tenants or other business needs.

Located at 97 Main Street in Milltown, the building is positioned as a versatile commercial asset for buyers seeking a multi-unit setup with both current and potential space to configure.

With a mix of income-producing units and additional unfinished areas, the property presents a straightforward layout for prospective owners looking to manage an active retail offering while addressing future space with their own improvements.

Key Highlights

  • Expansive 6,480 sq. ft. commercial property in the Village of Milltown
  • Includes one established long‑term renter
  • Multiple ready‑to‑rent units for immediate rental income

Property Analytics

Current Use

Milltown Police Department Police Department “Off the Top Hairshop Hair Salon Firefly plumbing & water ... Plumbing Service

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Plumbing Service Daycare Center

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

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Holiday Station Store Shops & Services
7,612 visits/mo 0.0 miles

Demographics for 54858, WI

1,493
Population
1,053
Households
1.4
Avg Household Size
50
Median Age
22%
College-Educated
93%
High-School Grad
17.6 sq mi
ZIP Area
85
Density / Sq Mi
$51,466
Median Household Income
$29,677
Median Earnings
$688
Median Rent
$208,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail building in Milltown with one long-term renter, multiple ready-to-rent units, and additional unfinished space.
Where is this storefront property located?
The property is located at 97 Main Street W Milltown, WI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Expansive 6,480 sq. ft. commercial property in the Village of Milltown; Includes one established long‑term renter; Multiple ready‑to‑rent units for immediate rental income
More about this property
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