419 Main St Merrill, WI 54452
This exceptional 12,500 square foot commercial building at 419 W MAIN STREET in Merrill, WI, presents a unique investment opportunity. Boasting two levels of versatile space, this property is ready for its next chapter. Significant renovations have already been completed, including a new roof and windows, and the abatement of asbestos. Detailed architectural drawings and an engineer's report are available, outlining the progress made on a previous plan to convert the space into loft apartments and retail shops or a gallery. The building is structurally sound and in excellent condition for its age, showcasing the quality of the completed work. While currently lacking running water, the property is well-positioned for a variety of commercial uses. The existing infrastructure provides a solid foundation for a new owner to customize the space to their specific needs, focusing on plumbing, electrical, and HVAC systems. Ample parking is available on-site. Priced at $299,000, this property offers substantial square footage and significant value for a discerning buyer. Earnest money will be held locally.
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Winds Paradox Art Studio and Gallery Art Gallery
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Winds Paradox (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.