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E13887 County Road Dl Merrimac, WI 53561

OFF-MARKET Commercial real estate Google Maps
6,000 SF 5.01 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 6,000 square foot commercial property in Merrimac, Wisconsin presents a rare investment opportunity. Situated on a 5.01-acre lot, the property boasts a beautifully restored schoolhouse, currently operating as a successful event venue. The main building features a stunning chapel, perfectly suited for weddings and ceremonies, creating an unforgettable atmosphere for special occasions. Adding to its unique character is a charming caboose, offering a whimsical touch and additional space for various event needs. The property's location near the picturesque Devil's Lake State Park provides a breathtaking backdrop, attracting clients seeking a memorable and scenic setting. The venue's versatility allows for a wide range of events, from intimate weddings and corporate gatherings to large-scale celebrations and private parties. Modern amenities complement the historical charm, ensuring a seamless and enjoyable experience for guests. The property is priced at $750,000 and offers significant potential for continued growth and profitability within the thriving event industry. This is a truly distinctive property, blending historical significance with modern functionality, making it an ideal investment for discerning buyers. The property is located at E13887 County Road DL, Merrimac, WI.

Property profile

Verified
Property type Commercial real estate
Total area 6,000 SF
Lot 5.01 ac (218,236 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

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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