Current Use by Public Records
- Charles A. Sowieja D.D.S., S.C. / Dental Office
- Advantage Insurance Services of Merrill / Insurance Agency
- Wellness Center/Nan Matthews / Medical Clinic
- Hedlund Insurance / Insurance Agency
Property Details for 201 Center Ave
- Year built
- 1900
- Property type
- Commercial real estate
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrill
- County
- LINCOLN
- State
- Wisconsin
- Longitude
- -89.6827
- Latitude
- 45.1829
