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Property profile & analytics
OFF-MARKET
Mixed-use properties

807 Center Ave Merrill, WI 54452

5,400 SF Built 1980
Property ID
Property summary
AI-generated overview

This 5,400 square foot mixed-use building, constructed in 1980, is located at 807 S Center Ave in Merrill, Wisconsin, zip code 54452. The property is zoned for Thoroughfare Commercial use and offers excellent accessibility for vehicles of all sizes, including semi-trucks and trailers. Its strategic location provides easy access to Highway 51, connecting to Interstate 39, ensuring high visibility and convenient transportation. Previously utilized as a wholesale and retail distribution facility for plants and flowers, the building features walk-in and storage retail coolers. The flexible design allows for a variety of uses, including retail, distribution, assembly, repair, and some light manufacturing. The asking price is $151,000, translating to $27.96 per square foot. This presents a compelling opportunity for investors seeking a versatile commercial property in a well-connected location. The property's history as a distribution center suggests existing infrastructure suitable for various business models. The ample square footage and convenient highway access make this an attractive investment prospect. Serious inquiries are encouraged.

Property profile
Verified
Property type Mixed-use properties
Year built 1980
Total area 5,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • J w Perry Inc Big Box & Wholesale Store
  • Brose's Flower Center Florist Wedding Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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