Mixed-Use

Mellen, WI Mixed-use Properties for Sale

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Mixed-Use Building with Apartments
Updated: Jun 19
Mixed-Use Building with Apartments

115-117 E Bennett Avenue, Mellen, WI 54546

$250,000
3,744 sqft 0.05 AC lot
3,744 SF mixed‑use building with a thrift store and 2 apartments
Built in 1905 with brick, cement siding, and wood siding
0.0546‑acre parcel in historic downtown Mellen
Forced‑air heating and basement
Public water and public sewer
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Mixed-Use Building with Apartments
Updated: Jun 19
Mixed-Use Building with Apartments

119-121 E Bennett Avenue, Mellen, WI 54546

$275,000
3,588 sqft 0.05 AC lot
Post office occupies the ground level with 2 apartments above
3,588 square feet on a 0.0546‑acre parcel
Built in 1905
Brick, vinyl siding, and wood siding construction
Basement included
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Mellen, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Event Stage
Mixed-Use Property with Event Stage

204 W Aurora Street, Ironwood, MI 49938

$269,000
2,304 sqft 0.09 AC lot

Commercially zoned building combines restaurant operations with a two-bedroom upstairs apartment.

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37-Unit Mixed-Use Property
37-Unit Mixed-Use Property

210 Main St W, Ashland, WI 54806

$2,775,000
35,078 sqft 0.48 AC lot

Main-level storefronts complement apartments with private bathrooms and floor-by-floor coin laundry.

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Apartment Building with Storefront
Apartment Building with Storefront

410 Main St W, Ashland, WI 54806

$450,000
3,485 sqft 0.08 AC lot

Mixed-use configuration combines a ground-floor commercial storefront with upper-level residential units.

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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

122 W Aurora Street, Ironwood, MI 49938

$113,900
2,100 sqft 0.08 AC lot

Commercially zoned building combines a street-level storefront with two upper-floor apartments and rear parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Lake Superior
Land Near Lake Superior

1306 Lake Shore Dr W, Ashland, WI 54806

Contact for pricing

Land with lake views and utilities in Ashland, Wisconsin.

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Mellen, WI Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Mellen, WI on our real estate platform. These investment opportunities span a total of 7,332 square feet of properties for sale, with an estimated market value of $525,000.

Sale prices for multi use buildings in Mellen, WI start at $250,000, averaging $262,500, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,133
Population Growth (5Y) -6.6%
Median Household Income $66,667
College Educated 23.9%

High-Yield Neighborhoods for Investment

Identify Mellen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54546 $262.5K

Taxes & Financing

Tax Rate (average for all types) 2.25%
Tax Rate vs County Average 0.18 pp below county avg
Average Loan-to-Value 65.0%

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