201 Center Ave Merrill, WI 54452
- Day care centers
- 6,049 SF
- 0.29 lot acres
Current Use by Public Records
- Charles A. Sowieja D.D.S., S.C. / Dentist / Teeth Whitening Service
- 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
- Lot size
- 0.29 lot acres
- Property size
- 6,049 SF
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
This 6,049 square foot, two-story building at 201 N Center Ave, Merrill, WI 54452, presents a unique investment opportunity. Built in 1900, this Class D property sits on a 0.29-acre lot (APN 251-3106-124-0138) and is zoned for Thoroughfare Commercial use. Currently vacant, the property offers significant redevelopment potential. Its prime corner location on a main thoroughfare provides excellent visibility, situated conveniently near a new A&W and Walgreens. The building's existing structure, featuring an older architectural style and a spacious garage on the east side, allows for diverse uses. It could be repurposed into a multi-family dwelling, accommodate multiple business tenants, or serve as a redevelopment site. The property includes three units and offers a compelling blend of land value and building potential. This is an exceptional chance to capitalize on a desirable location and create a profitable venture. The asking price is $265,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrill
- County
- Lincoln
- State
- Wisconsin
- Longitude
- -89.6831
- Latitude
- 45.1829
