201 Center Ave Merrill, WI 54452
This exceptional 6,049 square foot commercial building is situated on a desirable corner lot at the intersection of E 2nd St and N Center Ave in Merrill, WI. Its prime location on a main thoroughfare offers excellent visibility and accessibility, with a new A&W restaurant to the north and a Walgreens to the south, ensuring high foot traffic and potential customer base. The property presents a unique opportunity for various uses. The existing structure, characterized by its charming older architectural style, could be repurposed for multi-family residential conversion, given its size and the inclusion of a spacious garage on the east side. Alternatively, the building's layout could accommodate multiple business tenants, providing a flexible space for diverse commercial operations. The land itself offers significant value, and demolition to make way for new construction is also a viable option. This versatile property is ideal for investors seeking a redevelopment project with strong potential for return, or entrepreneurs looking for a well-located space to establish or expand their business. The building's existing structure provides a solid foundation for a variety of future uses, making it a truly unique investment opportunity in a thriving community. Serious inquiries are encouraged to explore the full potential of this remarkable property.
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Charles A. Sowieja D.D.S., S.C. Dental Office
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Advantage Insurance Services of Merrill Insurance Agency
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Wellness Center/Nan Matthews Medical Clinic
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Hedlund Insurance Insurance Agency
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.