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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2 active listings match your search: Mixed-Use for sale in Mellen, WI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

204 W Aurora Street, Ironwood, MI 49938

$254,900
2,304 sqft 0.09 AC lot

A two-bedroom apartment is positioned above a restaurant and bar equipped for food service and live entertainment.

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Mixed-Use Bar Property
Mixed-Use Bar Property

1222 Lake Shore Dr E, Ashland, WI 54806

$139,900
2,600 sqft

Two-level commercial property combining a bar operation with an upper-floor apartment and off-street parking.

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Mixed-Use Storefront with Apartments
Mixed-Use Storefront with Apartments

122 W Aurora Street, Ironwood, MI 49938

$113,900
2,100 sqft 0.08 AC lot

Street-facing display windows, rear parking, and separate upper-floor residences support a combination of commercial and residential occupancy.

View details
Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

30995 US Hwy 2, Ashland, MN 54806

$500,000

Mixed-use property combining a pet-care operation, residential space, and extensive land along a scenic waterfront setting.

View details

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%

Listings Trend

New vs delisted commercial listings in Ashland County

New Delisted

Total CRE Inventory on Market (SF)

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