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Property profile

311 Hwy Goodman, WI 54103

OFF-MARKET
Commercial real estate
1,020 SF 0.1 ac lot Built 1927
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Property summary

AI-generated overview

This 1,020 square foot commercial building, located at 311 Highway 8 in Goodman, Wisconsin, presents a remarkable investment opportunity. Situated on a 0.1-acre lot in a high-traffic area, this property boasts excellent visibility and accessibility. Previously a fully operational automotive shop, the building is currently leased as a retail space, with the tenant vacating upon closing. The interior features a well-appointed office, a bathroom, and a spacious shop bay. The bay offers ample room for various uses, including the installation of a hoist, air compressor, tire machines, and workbenches. The versatile layout allows for a multitude of business ventures. Potential uses include continuing operation as an automotive shop, establishing a small engine repair business, opening a retail store, creating a rental unit, or even converting the space into residential living quarters. The property's strategic location on Highway 8 ensures significant exposure to a large volume of daily traffic, making it an ideal location for a variety of commercial enterprises. The asking price is $99,000. This property offers a unique chance to acquire a well-maintained building with significant potential for growth and profitability. The possibilities are truly endless.

Property profile

Verified
Property type Commercial real estate
Year built 1927
Total area 1,020 SF
Lot 0.1 ac (4,356 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

311 Hwy Goodman, WI 54103
Goodman metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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